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LatinNews Daily - 30 October 2019
In brief: IMF recommends fiscal measures for Uruguay
* In a presentation of the International Monetary Fund’s (IMF) latest Regional Economic Outlook report for the Western Hemisphere, the IMF director of the Western Hemisphere department, Alejandro Werner, has recommended that Uruguay make changes in its economic policies to manage its national debt. Werner mentioned that these changes could include “introducing tax measures to place the debt in a steady downward trajectory…[and] bring inflation down towards the middle of the target range” set by the central bank of 3%-7%. Inflation in Uruguay is running at 7.56% according to the latest official inflation figures.
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- In brief: IMF recommends fiscal measures for Uruguay