Uruguay: First Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria: Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for Uruguay

Publication Date:

December 12, 2005

Electronic Access:

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Summary:

Uruguay’s First Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria are discussed. Growth has slowed from the strong post-crisis recovery, and inflation has remained subdued. Export growth has been strong, and although a sharp recovery in imports contributed to an increase in the external current account deficit, capital inflows have helped raise international reserves. The government is developing a broad agenda of growth-enhancing reforms, focused on attracting more private investment as the key engine of future growth and social progress in Uruguay.

Series:

Country Report No. 2005/431

Subject:

English

Publication Date:

December 12, 2005

ISBN/ISSN:

9781451839326/1934-7685

Stock No:

1URYEA2005005

Pages:

76

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