Economy & Business - February 2012 (ISSN 1741-7430)
URUGUAY: Fiscal deficit comes in at below 1% of GDP
The public sector deficit was US$375m in 2011. At around 0.8% of GDP, this was a much better result than the government had expected. The government had been forecasting a deficit of 1.8% of GDP. In 2010 the deficit had been 1.1% of GDP.
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