Uruguay: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay

Author: International Monetary Fund. Western Hemisphere Dept.

Volume/Issue: Volume 2025 Issue 287

Publication date: October 2025

ISBN: 9798229027991

$20.00

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Topics covered in this book

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Exports and Imports , Inflation , Labor , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Fiscal rules , Migration , Credit , Inflation , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Fiscal stance , Labor markets , Exports

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Summary

After a severe drought in 2023, Uruguay’s economy rebounded strongly in 2024 driven by a surge in agricultural exports. A new administration led by president Yamandú Orsi took office in March 2025, marking the return of the Frente Amplio coalition to power. The new administration’s agenda seeks to balance inclusive growth with macroeconomic stability, boosting private investment and strengthening social protection.