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Uruguay’s pension system has various sub-systems by sector and profession, and the mounting deficit is making change increasingly critical. President Luis Lacalle Pou is aiming to…
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DOI: 10.1108/OXAN-DB273562
ISSN: 2633-304X
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Lacalle Pou’s pension reform has passed the Senate, educational reforms are under way and he is pushing infrastructure works. However, the opposition Frente Amplio (Broad Front…
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DOI: 10.1108/OXAN-DB275530
ISSN: 2633-304X
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Geographic
Topical
The contraction preceded the impact of the COVID-19 outbreak. The large inherited fiscal deficit and rising debt-to-GDP ratio are forcing the new government to take unpopular…
Standard & Poor’s (S&P) had already raised Uruguay’s rating to BBB+, with a stable outlook, citing “prudent fiscal management”, but warning of still-high inflation. Despite…