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Economy & Business - March 2020

URUGUAY: Arbeleche’s balancing act

Luis Alberto Lacalle Pou took office as Uruguay’s new centre-right president on 1 March, with Azucena Arbeleche taking over as the country’s new economy & finance minister. While Uruguay has enjoyed consistent economic growth for the last 15 years, Arbeleche faces a complex set of problems including a high fiscal deficit, significant public debt, an overvalued currency, and high inflation.

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