01868cas a2200241 a 4500 AALejournalIMF005720 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451839449 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Uruguay : 2008 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uruguay. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (59 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external environment. Growth has exceeded expectations, unemployment has reached record lows, and poverty has continued to fall, while economic vulnerabilities have been significantly reduced. Despite strong credit growth, financial system soundness indicators have improved, showing a well-capitalized banking system, low nonperforming loan ratios and high liquidity levels. Executive Directors have welcomed the measures the authorities have taken to reduce inflationary pressures, including increases in the policy rate and banks' reserve requirements and tax administrative measures. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/104 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/104/002.2009.issue-104-en.xml IMF e-Library