Fund Relations

(As of October 31, 2016)

Membership Status: Joined: March 11, 1946			Article VIII
General Resources Account:		SDR Million	% Quota
	Quota	429.10	100.00
	Fund holdings of currency	334.64	77.99
	Reserve Tranche Position	94.47	22.02
SDR Department:		SDR Million	% Allocation
	Net cumulative allocation	293.26	100.00
	Holdings	215.08	73.34

View Table

Membership Status: Joined: March 11, 1946			Article VIII
General Resources Account:		SDR Million	% Quota
	Quota	429.10	100.00
	Fund holdings of currency	334.64	77.99
	Reserve Tranche Position	94.47	22.02
SDR Department:		SDR Million	% Allocation
	Net cumulative allocation	293.26	100.00
	Holdings	215.08	73.34

Outstanding Purchases and Loans: None

Latest Financial Arrangements:

	Date of	Expiration	Amount Approved	Amount Drawn
Type	Arrangement	Date	(SDR Million)	(SDR Million)
Stand-By	Jun 08, 2005	Dec 27, 2006	766.25	263.59
Stand-By	Apr 01, 2002	Mar 31, 2005	1,988.50	1,988.50
Of which: SRF	Jun 25, 2002	Aug 08, 2002	128.70	128.70
Stand-By	May 31, 2000	Mar 31, 2002	150.00	150.00

View Table

	Date of	Expiration	Amount Approved	Amount Drawn
Type	Arrangement	Date	(SDR Million)	(SDR Million)
Stand-By	Jun 08, 2005	Dec 27, 2006	766.25	263.59
Stand-By	Apr 01, 2002	Mar 31, 2005	1,988.50	1,988.50
Of which: SRF	Jun 25, 2002	Aug 08, 2002	128.70	128.70
Stand-By	May 31, 2000	Mar 31, 2002	150.00	150.00

Projected Payments to Fund ¹

(SDR Million; based on existing use of resources and present holdings of SDRs):

	2016	2017	2018	2019	2020
Principal Charges/Interest	0.01	0.11	0.11	0.11	0.11
Total	0.01	0.11	0.11	0.11	0.11

View Table

	2016	2017	2018	2019	2020
Principal Charges/Interest	0.01	0.11	0.11	0.11	0.11
Total	0.01	0.11	0.11	0.11	0.11

Ex-Post Assessment. The last Ex-Post Assessment of Longer-Term Program Engagement was considered by the Executive Board on August 29, 2007 (Country Report No. 08/47).

Exchange Rate Arrangement. The currency is the Uruguayan peso (UY$). Uruguay’s de jure and de facto exchange rate arrangements are classified as floating. Since June 2013, monetary policy targets the growth rate of M1 plus saving deposits as the intermediate instrument. On December 8 2016, the exchange rate in the official market was UY$ 28.80 per U.S. dollar. Uruguay has accepted the obligations of Article VIII and maintains an exchange rate system free of restrictions on payments and transfers for current international transactions.

FSAP participation and ROSCs. A Financial Sector Stability Assessment (FSSA) was considered by the Executive Board on June 28, 2006 (Country Report No. 06/187). An FSAP Update was conducted in 2012 and the FSSA was published on May 31, 2013 (Country Report No. 13/152). A ROSC module on fiscal transparency was published on March 5, 2001. A ROSC module on data dissemination practices was published on October 18, 2001. A ROSC on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) was published on December 12, 2006 (Country Report No. 06/435). A data module ROSC was published on February 11, 2014 (Country Report No. 14/42).

Technical Assistance 2008–16.

DPT	Purpose	Date of Delivery
FAD	Assist with strengthening customs’ reform strategy and implementation of the governance framework	November 2015
	Tax Administration, PFM (Follow-up)	October 2015
	Treasury Management	August 2014
	Tax, customs, and social security administration	August 2014, March 2014, November 2012, November 2011, September 2010
	Performance Informed Budgeting	March 2011
	Private public partnership	May 2010
LEG	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	November 2016
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	March 2016
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	October 2015
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	March 2015
	Assist the authorities on strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	October 2014
	Follow up of the implementation of the AML/CFT National Strategy	October 2013
	Assist the authorities on the launch of the recently designed AML/CFT national strategy	June 2012
	Assist the authorities on the elaboration of a risk-based national strategy enhancing the AML/CFT regime	December 2010
	Conduct a money laundering/terrorist financing country risk assessment consistent with the objectives of the national AML/CFT strategy	January, April, and July 2009
MCM	Sovereign Asset and Liability Management and Development of the Local Currency Government Bond Market	September 2016
	Bank resolution	June 2014
	FSAP update	September 2012
STA	Trade Margins and Commercialization Channels	September 2016
	International Investment Position Statistics. BOP and external debts stats.	October 2015
	Data ROSC reassessment	August 2012
	Government Finance Statistics, to assist in improving the quality of public debt data	February 2008

View Table

DPT	Purpose	Date of Delivery
FAD	Assist with strengthening customs’ reform strategy and implementation of the governance framework	November 2015
	Tax Administration, PFM (Follow-up)	October 2015
	Treasury Management	August 2014
	Tax, customs, and social security administration	August 2014, March 2014, November 2012, November 2011, September 2010
	Performance Informed Budgeting	March 2011
	Private public partnership	May 2010
LEG	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	November 2016
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	March 2016
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	October 2015
	Structure and tools for strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	March 2015
	Assist the authorities on strengthening the AML/CFT capacity of the Superintendency of Financial Services and the Financial Intelligence Unit	October 2014
	Follow up of the implementation of the AML/CFT National Strategy	October 2013
	Assist the authorities on the launch of the recently designed AML/CFT national strategy	June 2012
	Assist the authorities on the elaboration of a risk-based national strategy enhancing the AML/CFT regime	December 2010
	Conduct a money laundering/terrorist financing country risk assessment consistent with the objectives of the national AML/CFT strategy	January, April, and July 2009
MCM	Sovereign Asset and Liability Management and Development of the Local Currency Government Bond Market	September 2016
	Bank resolution	June 2014
	FSAP update	September 2012
STA	Trade Margins and Commercialization Channels	September 2016
	International Investment Position Statistics. BOP and external debts stats.	October 2015
	Data ROSC reassessment	August 2012
	Government Finance Statistics, to assist in improving the quality of public debt data	February 2008

Relations with the World Bank under JMAP

(As of October 12, 2016)

Title	Products	Provisional timing of Missions	Expected delivery date*
World Bank work program	A. Lending UY Institutions Building Technical Assistance Lending UY OSE Sustainable and Efficient Sustainable Management of Natural Resources and Climate Change Road Rehabilitation and Maintenance Program Support to Uruguayan Public Schools Project Public Sector Management and Social Inclusion Development Policy Loan 2nd. Programmatic Public Sector, Competitiveness and Social Inclusion Development Policy Loan with Drawdown Option Drought Events impact Mitigating Investment Project Financing B. Lending pipeline Uruguay Public Sector Institutions Strengthening Project Improving the quality of Initial and Primary education in Uruguay	October 24-October 28 October 31-November 4th October 31-November 4th October 31-November 4th	December 31st 2016 February 28th 2016 June 30th, 2018 March 31st 2017 May 31st 2017 June 30th 2019 June 25th 2018 December 31st 2017
	C. ASA Uruguay Pro-growth Public Policies and Competitiveness (PA)-Integration into Global Value Chains Water for Uruguay (PA) -Strengthening Uruguay Hydromet Services Engaging Uruguay 2050: Demographic Change and Social Policies Uruguay Green Growth Smarter Urban Mobility for Montevideo Uruguay FCPF REDD Readiness Preparation		October 27th, 2016 April 30th, 2017 August 31st, 2017 August 31st, 2017 TBC TBC

View Table

Title	Products	Provisional timing of Missions	Expected delivery date*
World Bank work program	A. Lending UY Institutions Building Technical Assistance Lending UY OSE Sustainable and Efficient Sustainable Management of Natural Resources and Climate Change Road Rehabilitation and Maintenance Program Support to Uruguayan Public Schools Project Public Sector Management and Social Inclusion Development Policy Loan 2nd. Programmatic Public Sector, Competitiveness and Social Inclusion Development Policy Loan with Drawdown Option Drought Events impact Mitigating Investment Project Financing B. Lending pipeline Uruguay Public Sector Institutions Strengthening Project Improving the quality of Initial and Primary education in Uruguay	October 24-October 28 October 31-November 4th October 31-November 4th October 31-November 4th	December 31st 2016 February 28th 2016 June 30th, 2018 March 31st 2017 May 31st 2017 June 30th 2019 June 25th 2018 December 31st 2017
	C. ASA Uruguay Pro-growth Public Policies and Competitiveness (PA)-Integration into Global Value Chains Water for Uruguay (PA) -Strengthening Uruguay Hydromet Services Engaging Uruguay 2050: Demographic Change and Social Policies Uruguay Green Growth Smarter Urban Mobility for Montevideo Uruguay FCPF REDD Readiness Preparation		October 27th, 2016 April 30th, 2017 August 31st, 2017 August 31st, 2017 TBC TBC

Relations with the Inter-American Development Bank

(As of December 8, 2016)

The Inter-American Development Bank’s Board of Executive Directors approved in December 2015 the Country Strategy with Uruguay (2016-2020). Sovereign-guaranteed lending under the program is expected to reach approximately US$1.8 billion, which is considered to be consistent with Uruguay’s five year budget. The program includes additional non reimbursable financing for technical assistance and analytical work. Approved lending under the previous Country Strategy (2010-2015) reached approximately US$1.9 billion in sovereign guaranteed loans² and US$1 billion in non-sovereign guaranteed loans.

The objectives of the country strategy for 2016–2020 are to: (i) boost productivity and competitiveness by promoting innovation, improving productive infrastructure, and supporting an integrated and coordinated policy for international positioning; (ii) promote equity and social inclusion by strengthening the human capital and employability of the population, supporting health care reform, improving habitat, and supporting the early childhood and youth segments of the most vulnerable population groups; and (iii) strengthen public sector management by supporting greater efficiency in public institutions and strengthening urban and departmental management.

As of October 31st 2016, the Bank’s portfolio in execution in Uruguay includes 37 sovereign guaranteed loans for US$2.1 billion. Of this total, 33 are investment loan operations totaling US$1.3 billion, and 4 are policy-based loans for US$800.8 million with a deferred drawdown option. The main sectors comprising the active public sector portfolio are: export and investment promotion (27%); public management and finance (16%); water, sanitation, and solid waste (14%); energy (14%); urban development and security (8%); transportation (7%); science and technology (2%); agribusiness (3%); education and job training (5%); and social protection (4%). The active private sector portfolio is composed of 22 loans totaling US$449.1 million, primarily concentrated in the energy (48%) and agribusiness sectors (46%).

Financial Relations With the Inter-American Development Bank¹

(In millions of U.S. dollars) Total outstanding loans: US$1,728 (As of November 30, 2016)

Source: Inter-American Development Bank.

^1/Only loans with sovereign guarantee are considered.

Financial Relations With the Inter-American Development Bank¹

(In millions of U.S. dollars) Total outstanding loans: US$1,728 (As of November 30, 2016)

	Loan Transactions
	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015
Disbursement	242.3	114.8	112.9	337.2	477.3	54.3	138.2	121.6	195.9	166.3	182.6
Amortization	220.0	519.6	133.8	140.0	162.0	465.1	115.4	120.7	591.7	99.2	110.1
Net Loan Flows	22.3	−404.8	−21.0	197.2	315.2	−410.8	22.8	0.8	−395.8	67.1	72.4

Source: Inter-American Development Bank.

^1/Only loans with sovereign guarantee are considered.

View Table

Financial Relations With the Inter-American Development Bank¹

(In millions of U.S. dollars) Total outstanding loans: US$1,728 (As of November 30, 2016)

	Loan Transactions
	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015
Disbursement	242.3	114.8	112.9	337.2	477.3	54.3	138.2	121.6	195.9	166.3	182.6
Amortization	220.0	519.6	133.8	140.0	162.0	465.1	115.4	120.7	591.7	99.2	110.1
Net Loan Flows	22.3	−404.8	−21.0	197.2	315.2	−410.8	22.8	0.8	−395.8	67.1	72.4

Source: Inter-American Development Bank.

^1/Only loans with sovereign guarantee are considered.

Statistical Issues

(As of November 15, 2016)

I. Assessment of Date Adequacy for Surveillance
General: Data provision has some shortcomings, but is broadly adequate for surveillance. Most affected area is national accounts.
National accounts: In 2009, the Uruguayan authorities completed a revision of national accounts statistics, in which they updated the benchmark year (from 1983 to 1997 and 2005) and adopted the System of National Accounts (SNA) 1993. However, national accounts statistics still have some shortcomings: limited coverage of the enterprise survey, partial update of business register, poor quality source data for some components of GDP, inadequate information on the informal economy, and incomplete quarterly accounts. Long-time series are not available on the BCU website. There is no regular schedule for updating the base year of the national accounts. The causes of the current revisions to the quarterly national accounts are not explained to users. For the national accounts there is a need to plan adoption of the 2008 SNA and updating of the base year.
Prices: The new base period for the consumer price index is December 2010 = 100. The CPI has national coverage and includes more than forty thousand price quotations. It does not cover either the implicit rent or the net acquisitions of owner-occupied dwellings. For the CPI, reselection of the sample of detailed products has not been done for an extended period. The base of the wholesale price index has been updated to 2001. Producer price indices (March 2010 =100) for national products have been recently disseminated. The PPI does not cover utilities, construction, business and other services and exported output. For both the CPI and PPI, statistical outputs/intermediate results are not validated with available information from alternative sources. The CPI and PPI would benefit from a more regular and frequent schedule of weight updates.
Government finance statistics: Official data on the central administration, the state enterprises and the social security system are complete and current, but there are problems with the timeliness of the data for local governments. Information on a monthly and quarterly basis for financing and debt data respectively, are disseminated on the BCU website from 1999 onwards for the central government and total public sector, but no information is reported for publication in the International Financial Statistics. The information reported for publication in the Government Finance Statistics Yearbook covers transactions on revenue and expense for the consolidated central government (data on revenue and expense for local governments have not been reported since 1994), and the general government’s operations on financial assets and liabilities, both in terms of flows (financing) and stocks (debt).
Monetary and financial statistics: Monetary and financial statistics are prepared in accordance with the IMF’s Monetary and Financial Statistics Manual (2000). The authorities report monetary data for the central bank, other depository corporations, and other financial corporations (OFCs) using the standardized reporting forms (SRFs). However, data for the OFCs are limited to off-shore financial institutions. A mission could be fielded to expand the institutional coverage of OFCs and compile the SRF for OFCs with full institutional coverage.
Financial sector surveillance: The authorities participate in the IMF’s Coordinated Direct Investment Survey (CDIS), Coordinated Portfolio Investment Survey (CPIS), and Financial Soundness Indicators (FSIs) databases. However, only annual FSIs data from 2009 through 2013 have been reported, and the authorities have not responded to requests for more current data. FSIs on nonfinancial corporations, households, market liquidity, and real estate markets are not available. The BCU disseminates FSIs for individual banks on a monthly basis and generates FSIs for the banking system weighting individual bank FSIs by their asset share.
External sector statistics: Balance of payments and international investment position statistics are compiled and published on a quarterly basis. Data are compiled following the recommendations of the fifth edition of the Balance of Payments Manual. The BCU is working on improving the quality and coverage of trade in services and direct investment-related statistics, as well as on migration to the sixth edition of the Balance of Payments and International Investment Position Manual, Uruguay disseminates the international reserves and foreign currency liquidity data template, submits quarterly external debt statistics to the Quarterly External Debt Statistics (QEDS) database, and participates in the Coordinated Portfolio Investment Survey (CPIS) and the Coordinated Direct Investment Survey (CDIS).
II. Data Standards and Quality
Uruguay subscribed to the SDDS in February 2004 and is in observance.	Data ROSC published on October 1, 2001. A data reassessment ROSC on CPI, PPI and NA was published in February 2014.
III. Reporting to STA (Optional)
Both the consumer and wholesale price indices are reported on a regular and timely basis for publication in the International Financial Statistics (IFS). The authorities do not provide trade price and volume indices for publication in the IFS. Annual GFS are regularly reported to STA for publication in the Government Finance Statistics Yearbook. No high frequency GFS are reported for publication in the International Financial Statistics. Uruguay reports to STA balance of payments and IIP data for publication in the IFS and the Balance of Payments Statistics Yearbook.

View Table

I. Assessment of Date Adequacy for Surveillance
General: Data provision has some shortcomings, but is broadly adequate for surveillance. Most affected area is national accounts.
National accounts: In 2009, the Uruguayan authorities completed a revision of national accounts statistics, in which they updated the benchmark year (from 1983 to 1997 and 2005) and adopted the System of National Accounts (SNA) 1993. However, national accounts statistics still have some shortcomings: limited coverage of the enterprise survey, partial update of business register, poor quality source data for some components of GDP, inadequate information on the informal economy, and incomplete quarterly accounts. Long-time series are not available on the BCU website. There is no regular schedule for updating the base year of the national accounts. The causes of the current revisions to the quarterly national accounts are not explained to users. For the national accounts there is a need to plan adoption of the 2008 SNA and updating of the base year.
Prices: The new base period for the consumer price index is December 2010 = 100. The CPI has national coverage and includes more than forty thousand price quotations. It does not cover either the implicit rent or the net acquisitions of owner-occupied dwellings. For the CPI, reselection of the sample of detailed products has not been done for an extended period. The base of the wholesale price index has been updated to 2001. Producer price indices (March 2010 =100) for national products have been recently disseminated. The PPI does not cover utilities, construction, business and other services and exported output. For both the CPI and PPI, statistical outputs/intermediate results are not validated with available information from alternative sources. The CPI and PPI would benefit from a more regular and frequent schedule of weight updates.
Government finance statistics: Official data on the central administration, the state enterprises and the social security system are complete and current, but there are problems with the timeliness of the data for local governments. Information on a monthly and quarterly basis for financing and debt data respectively, are disseminated on the BCU website from 1999 onwards for the central government and total public sector, but no information is reported for publication in the International Financial Statistics. The information reported for publication in the Government Finance Statistics Yearbook covers transactions on revenue and expense for the consolidated central government (data on revenue and expense for local governments have not been reported since 1994), and the general government’s operations on financial assets and liabilities, both in terms of flows (financing) and stocks (debt).
Monetary and financial statistics: Monetary and financial statistics are prepared in accordance with the IMF’s Monetary and Financial Statistics Manual (2000). The authorities report monetary data for the central bank, other depository corporations, and other financial corporations (OFCs) using the standardized reporting forms (SRFs). However, data for the OFCs are limited to off-shore financial institutions. A mission could be fielded to expand the institutional coverage of OFCs and compile the SRF for OFCs with full institutional coverage.
Financial sector surveillance: The authorities participate in the IMF’s Coordinated Direct Investment Survey (CDIS), Coordinated Portfolio Investment Survey (CPIS), and Financial Soundness Indicators (FSIs) databases. However, only annual FSIs data from 2009 through 2013 have been reported, and the authorities have not responded to requests for more current data. FSIs on nonfinancial corporations, households, market liquidity, and real estate markets are not available. The BCU disseminates FSIs for individual banks on a monthly basis and generates FSIs for the banking system weighting individual bank FSIs by their asset share.
External sector statistics: Balance of payments and international investment position statistics are compiled and published on a quarterly basis. Data are compiled following the recommendations of the fifth edition of the Balance of Payments Manual. The BCU is working on improving the quality and coverage of trade in services and direct investment-related statistics, as well as on migration to the sixth edition of the Balance of Payments and International Investment Position Manual, Uruguay disseminates the international reserves and foreign currency liquidity data template, submits quarterly external debt statistics to the Quarterly External Debt Statistics (QEDS) database, and participates in the Coordinated Portfolio Investment Survey (CPIS) and the Coordinated Direct Investment Survey (CDIS).
II. Data Standards and Quality
Uruguay subscribed to the SDDS in February 2004 and is in observance.	Data ROSC published on October 1, 2001. A data reassessment ROSC on CPI, PPI and NA was published in February 2014.
III. Reporting to STA (Optional)
Both the consumer and wholesale price indices are reported on a regular and timely basis for publication in the International Financial Statistics (IFS). The authorities do not provide trade price and volume indices for publication in the IFS. Annual GFS are regularly reported to STA for publication in the Government Finance Statistics Yearbook. No high frequency GFS are reported for publication in the International Financial Statistics. Uruguay reports to STA balance of payments and IIP data for publication in the IFS and the Balance of Payments Statistics Yearbook.

Uruguay: Common Indicators Required For Surveillance

(As of November 15, 2016)

^1/Includes reserve assets pledged or otherwise encumbered as well net derivative positions.

^2/Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.

^3/Foreign, domestic bank, and domestic nonbank financing.

^4/The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.

^5/Including currency and maturity composition.

^6/Includes external gross financial asset and liability positions vis-à-vis nonresidents.

^7/Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); and not available (NA).

^8/This reflects the reassessment provided in the data ROSC (published in February 2014, and based on the findings of the mission that took place during August 20–31, 2012) for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) (i) concepts and definitions, (ii) scope, (iii) classification/sectorization, and (iv) basis for recording are fully observed (O); largely observed (LO);largely not observed (LNO); not observed (NO); and not available (NA).

^9/Same as footnote 9, except referring to international standards concerning (respectively) (i) source data, (ii) assessment of source data, (iii) statistical techniques, (iv) assessment and validation of intermediate data and statistical outputs, and (v) revision studies.

Uruguay: Common Indicators Required For Surveillance

(As of November 15, 2016)

	Date of latest observation	Date received	Frequency of Data 7/	Frequency of Reporting 7/	Frequency of Publication 7/	Memo items:
						Data Quality -Methological Soundness 8/	Data Quality -Accuracy and Reliability 9/
Exchange Rates	12/29/15	12/29/15	D	D	D
International Reserve Assets and Reserve Liabilities of the Monetary Authorities 1/	02/16	04/04/16	M	M	M
Reserve/Base Money	09/16	10/19/16	M	M	M
Broad Money	08/16	10/19/16	M	M	M
Central Bank Balance Sheet	08/16	10/19/16	M	M	M
Consolidated Balance Sheet of the Banking System	08/16	10/19/16	M	M	M
Interest Rates 2/	11/24/14	11/24/14	D	D	D
Consumer Price Index	09/16	10/13/16	M	M	M	O, LO, O, O	LO, O, O, LNO, NO
Revenue, Expenditure, Balance and Composition of Financing 3/-Central Government 4/	8/15	11/30/15	M	M	M
Stocks of Central Government and Central Government-Guaranteed Debt 4/5/	Q2/15	9/30/15	Q	Q	Q
External Current Account Balance	Q2/16	11/15/16	Q	Q	Q
Exports and Imports of Goods and Services	Q2/16	11/15/16	Q	Q	Q
GDP/GNP	Q4/15	11/17/16	Q	Q	Q	LO, LO, LO, LO	LNO, LNO, LO, O, LO
Gross External Debt	Q2/15	10/1/15	Q	Q	Q
International Investment Position 6/	Q2/16	11/15/16	Q	Q	Q

^1/Includes reserve assets pledged or otherwise encumbered as well net derivative positions.

^2/Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.

^3/Foreign, domestic bank, and domestic nonbank financing.

^4/The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.

^5/Including currency and maturity composition.

^6/Includes external gross financial asset and liability positions vis-à-vis nonresidents.

^7/Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); and not available (NA).

^8/This reflects the reassessment provided in the data ROSC (published in February 2014, and based on the findings of the mission that took place during August 20–31, 2012) for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) (i) concepts and definitions, (ii) scope, (iii) classification/sectorization, and (iv) basis for recording are fully observed (O); largely observed (LO);largely not observed (LNO); not observed (NO); and not available (NA).

^9/Same as footnote 9, except referring to international standards concerning (respectively) (i) source data, (ii) assessment of source data, (iii) statistical techniques, (iv) assessment and validation of intermediate data and statistical outputs, and (v) revision studies.

View Table

Uruguay: Common Indicators Required For Surveillance

(As of November 15, 2016)

	Date of latest observation	Date received	Frequency of Data 7/	Frequency of Reporting 7/	Frequency of Publication 7/	Memo items:
						Data Quality -Methological Soundness 8/	Data Quality -Accuracy and Reliability 9/
Exchange Rates	12/29/15	12/29/15	D	D	D
International Reserve Assets and Reserve Liabilities of the Monetary Authorities 1/	02/16	04/04/16	M	M	M
Reserve/Base Money	09/16	10/19/16	M	M	M
Broad Money	08/16	10/19/16	M	M	M
Central Bank Balance Sheet	08/16	10/19/16	M	M	M
Consolidated Balance Sheet of the Banking System	08/16	10/19/16	M	M	M
Interest Rates 2/	11/24/14	11/24/14	D	D	D
Consumer Price Index	09/16	10/13/16	M	M	M	O, LO, O, O	LO, O, O, LNO, NO
Revenue, Expenditure, Balance and Composition of Financing 3/-Central Government 4/	8/15	11/30/15	M	M	M
Stocks of Central Government and Central Government-Guaranteed Debt 4/5/	Q2/15	9/30/15	Q	Q	Q
External Current Account Balance	Q2/16	11/15/16	Q	Q	Q
Exports and Imports of Goods and Services	Q2/16	11/15/16	Q	Q	Q
GDP/GNP	Q4/15	11/17/16	Q	Q	Q	LO, LO, LO, LO	LNO, LNO, LO, O, LO
Gross External Debt	Q2/15	10/1/15	Q	Q	Q
International Investment Position 6/	Q2/16	11/15/16	Q	Q	Q

^1/Includes reserve assets pledged or otherwise encumbered as well net derivative positions.

^2/Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.

^3/Foreign, domestic bank, and domestic nonbank financing.

^4/The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.

^5/Including currency and maturity composition.

^6/Includes external gross financial asset and liability positions vis-à-vis nonresidents.

^7/Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); and not available (NA).

^8/This reflects the reassessment provided in the data ROSC (published in February 2014, and based on the findings of the mission that took place during August 20–31, 2012) for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) (i) concepts and definitions, (ii) scope, (iii) classification/sectorization, and (iv) basis for recording are fully observed (O); largely observed (LO);largely not observed (LNO); not observed (NO); and not available (NA).

^9/Same as footnote 9, except referring to international standards concerning (respectively) (i) source data, (ii) assessment of source data, (iii) statistical techniques, (iv) assessment and validation of intermediate data and statistical outputs, and (v) revision studies.