Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Western Hemisphere Department, issuing body.
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ISBN: | 9781475573749 147557374X 9781475573626
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ISSN: | 1934-7685
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Notes: | Description based on online resource; title from PDF title page (IMF eLibrary, viewed October 10, 2018).
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Summary: | This Selected Issues paper presents an overview of inter-sectoral exposures in Uruguay. The Uruguayan financial system has been characterized by solid balance sheets, a low level of credit, and continued high dollarization since the crisis in 2002. However, pockets of vulnerability remain, especially after the recent slowdown in economic growth. Nonfinancial public sector (NFPS) gross debt is fairly high at 48 percent of GDP. The NFPS as well as the public sector as a whole have a net open foreign currency position. The nonbank financial system also has a large exposure to government debt.
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Other form: | Print Version: Uruguay: Selected Issues Washington, D.C. : International Monetary Fund, 2017 9781475573626
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Standard no.: | 10.5089/9781475573626.002
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