Uruguay: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay

February 24, 2016

Preview Citation

Format: Chicago

Uruguay: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay, (USA: International Monetary Fund, 2016) accessed December 25, 2024

Summary

Uruguay has achieved more than a decade of high and inclusive economic growth, supported by social stability and reduced regional linkages. The country has weathered the recent global and regional headwinds relatively well so far. Yet the economy is slowing down, while inflation remains above target, and deposit dollarization has risen. While the baseline projection foresees a temporary and moderate slowdown, the country is exposed to further shocks, especially from the immediate region.

Subject: Credit, Economic sectors, External debt, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Public sector

Keywords: Consumer price index, CR, Emerging-market currency, Exchange rate, Firm contractionary monetary policy stance, Fiscal stance, Global, Government finance statistics yearbook, Inflation, Inflation inertia, ISCR, Monetary policy effort, Prudent approach, Public sector, Uruguay, Uruguay's central bank

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/062
Stock No:

1URYEA2016001
ISBN:

9781475515039
ISSN:

1934-7685

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