Uruguay; 2011 Article IV Consultation
International Monetary Fund
Article IV consultation reports;Economic growth;Debt sustainability analysis;Debt management;Economic indicators;External shocks;Staff Reports;Spillovers;Real estate prices;Labor markets;inflation, external debt, monetary policy, current account, public debt
This 2011 Article IV Consultation highlights that the growth momentum in Uruguay has continued into 2011 but a slowdown is under way, led by weaker exports and slower public investment. Uruguay’s economic and financial vulnerabilities are modest, and the government has reduced debt vulnerabilities significantly and built important financial buffers. Executive Directors have commended authorities’ skillful macroeconomic management that has underpinned Uruguay’s excellent economic performance, lowered public indebtedness, and strengthened buffers against shocks.