IMF Staff Country Reports

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

December 12, 2005

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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, (USA: International Monetary Fund, 2005) accessed November 23, 2024

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.

Subject: Banking, Budget planning and preparation, Central banks, Economic sectors, External debt, International reserves, Public debt, Public financial management (PFM), Public sector

Keywords: Authorities' goal, Budget planning and preparation, CR, Europe, Government, Government regulation, IMF staff representative, International reserves, ISCR, Nonfinancial public sector debt, Public sector, Staff appraisal, Surplus, Uruguayan authorities

Publication Details

  • Pages:

    76

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/431

  • Stock No:

    1URYEA2005005

  • ISBN:

    9781451839326

  • ISSN:

    1934-7685