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At the same time, a new Central Bank report suggests that, despite a sharp liquidity-driven economic rebound this year, the country faces a lean medium-term outlook.
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DOI: 10.1108/OXAN-DB262200
ISSN: 2633-304X
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It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
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President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…
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DOI: 10.1108/OXAN-DB267062
ISSN: 2633-304X
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During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…