Itaú BBA - Macro Scenario – Uruguay: New government

Macro Latam

< Voltar

Macro Scenario – Uruguay: New government

Dezembro 19, 2019

Reducing the fiscal deficit is the main challenge of the new administration.


For the full version with all charts and tables, please open the attached pdf file.

 

• Luis Lacalle Pou (candidate of the National Party) won the elections in the second round, defeating Daniel Martínez of the Frente Amplio. Lacalle Pou will take office in March 2020, after 15 years of Frente Amplio running the government.

• Reducing the fiscal deficit is the main challenge of the new administration, but aligning inflation with the target range and boosting economic growth are also relevant. For 2020, we expect GDP growth of 1.5%, up from 0.3% in 2019.


Juan Carlos Barboza
Diego Ciongo



For the full version with all charts and tables, please open the attached pdf file.

 



< Voltar