This 2017 Article IV Consultation highlights that the fiscal adjustment in Uruguay is on track. Fiscal policy has been …

to weigh on Uruguay’s current account, particularly on the services side. Economic activity is projected to decelerate …

Uruguay has achieved more than a decade of high and inclusive economic growth, supported by social stability and …

Background: Uruguay has experienced a decade of strong and inclusive expansion since its 2002 crisis, thanks to … important institutional reforms, large-scale FDI projects attracted by Uruguay’s stable macroeconomic environment and business … 2012, mostly owing to weaker external demand from regional trading partners with which Uruguay is highly interconnected …