01637cas a2200241 a 4500 AALejournalIMF017399 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475573626 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Uruguay : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 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 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/029 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/029/002.2017.issue-029-en.xml IMF e-Library