Weekly Report - 9 March 2004

URUGUAY: EP-FA to retain state monopolies

Southern Cone 09 March 2004 Modified: 09 March 2004 284 views

The leftist Encuentro Progresista-Frente Amplio (EP-FA), favourite to win the October presidential elections, has an eclectic approach to `reform'. It intends to overhaul the tax and pension systems, but will retain state monopolies in electricity, water supply, telephony and oil. It will also place its policy emphasis on production, not on `trying to turn Uruguay into a financial market.'

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