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Economy & Business - July 2020

URUGUAY: Good start for Lacalle Pou

The Uruguayan economy is one of those least badly affected by the economic crisis derived from the coronavirus (Covid-19) pandemic. But centre-right President Luis Alberto Lacalle Pou, who took office on 1 March just as the pandemic began to sweep through Latin America, faces some big fiscal challenges. There are two ways to assess Uruguay’s economic performance in the first four months of his presidency. One is by comparing it to the rest of the region; the other by holding it up against the country’s immediately prior performance.

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