On December 16, 2022, the Executive Board of the International Monetary Fund concluded the consideration of the Financial Sector Stability Assessment for Uruguay, without convening a formal discussion. The Financial Sector Assessment Program (FSAP), established in 1999, is a comprehensive and in-depth assessment of a country’s financial sector. The key findings of an FSAP are summarized in a report called the Financial System Stability Assessment (FSSA), which is discussed by the IMF Executive Board. In cases where the FSSA is discussed outside the context of an Article IV consultation, the Board considers and endorses the FSSA without a meeting.
The authorities need more time to consider the publication of the FSSA and the related press release.The last Article IV Executive Board Consultation was on November 29, 2021. Listed below are items related to Uruguay.
At a Glance
- 2023 Projected Real GDP (% Change) : 3.6
- 2023 Projected Consumer Prices (% Change): 7.8
- Country Population: 3.567 million
- Date of Membership: March 11, 1946
- Article IV/Country Report: January 25, 2022
- Special Drawing Rights (SDR): 633.05 million
- Quota (SDR): 429.1 million
- Number of Arrangements since membership: 22