Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external …

After the recession, Uruguay continued to face difficult economic conditions under the Stand-By Arrangement. Executive … Directors emphasized the need to promote sustainable growth with low inflation and high employment. They welcomed Uruguay …

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 …