Uruguay: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uruguay
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Sound policies and favorable external conditions have led to a strong economic recovery, but important challenges lie ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation in the wake of vigorous growth and capital inflows. The reduction of vulnerabilities in recent years has been a major accomplishment, but challenges remain. The objectives and instruments of monetary policy should be clarified. Maintaining high primary fiscal surpluses is essential to reduce the debt burden. Further improving the business climate is key.
Series:
Country Report No. 2008/045
Subject:
Banking Credit Currencies External debt Inflation Money Prices Public debt
English
Publication Date:
February 1, 2008
ISBN/ISSN:
9781451839401/1934-7685
Stock No:
1URYEA2008001
Pages:
69
Please address any questions about this title to publications@imf.org