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

Preview Citation

Format: Chicago

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 December 27, 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:

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DOI:

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Issue:

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Series:

Country Report No. 2005/431
Stock No:

1URYEA2005005
ISBN:

9781451839326
ISSN:

1934-7685

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