01813cas a2200241 a 4500 AALejournalIMF008798 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451839296 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Uruguay : Seventh Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criterion-Staff Report and Supplement; Press Release; and Statement by the Executive Director for Uruguay. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (62 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 This paper assesses Uruguay's Seventh Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criterion. The favorable program results reflect prudent macroeconomic policies and important banking reforms, although progress with other structural reforms was less satisfactory. The outlook for 2005 is favorable. Growth will likely exceed 5 percent, and inflation is expected to fall to 5 1\2 -6 1\2 percent. A strong foundation has been laid for continued fiscal consolidation. The pending reforms under the current program will need to be taken up by the new government. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/109 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/109/002.2005.issue-109-en.xml IMF e-Library