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Economy & Business - July 2025
URUGUAY: Orsi gets extra cash to settle debt and boost spending
Uruguay’s lower chamber of congress has approved an increase in the level of debt the government can raise and the amount it can spend in certain sectors, providing the government led by President Yamandú Orsi with a considerable financial cushion. The vote in June marked a victory for Orsi in a chamber where the ruling left-wing Frente Amplio (FA) coalition lacks a clear majority.
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