Cover IMF Staff Country Reports
Uruguay: 2011 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 375
Language:
English
Publication Date:
29 Dec 2011
DOI:
https://doi.org/10.5089/9781463926595.002
ISBN:
9781463926595
ISSN:
1934-7685
Pages:
59
Keywords:
ISCR; CR; IMF staff calculation; productivity challenge; government; inflation expectation; labor market framework; baseline outlook; debt vulnerability; Inflation; Public sector; Fiscal stance; Global; Western Hemisphere
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This 2011 Article IV Consultation highlights that the growth momentum in Uruguay has continued into 2011 but a slowdown is under way, led by weaker exports and slower public investment. Uruguay’s economic and financial vulnerabilities are modest, and the government has reduced debt vulnerabilities significantly and built important financial buffers. Executive Directors have commended authorities’ skillful macroeconomic management that has underpinned Uruguay’s excellent economic performance, lowered public indebtedness, and strengthened buffers against shocks.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2011: Issue 375