Searcher
Juan Manuel Manías
Juan Manuel Manías
Principal Economist
Buenos Aires

•M.A. in International Economics Relations (UBA, Argentina)

•B.A. in Economics (UBA, Argentina, Magna Cum Laude Honours)

•Previous work experience includes Banco Francés Financial Area since 2000.

•Joined Economic Research Department in 2009

Latest publications

2023 is a year with a heavy electoral calendar, in a context of growing social concern regarding macroeconomic imbalances and a historic drought. We expect sustained pressures in the FX market throughout the year, with consequences on the GDP and financial volatility.
The financial system remains strong in Uruguay. Financial intermediation, the core business of the banking sector, is expanding without losing quality. The current situation provides a good starting point to face the pending challenges.
The main macroeconomic imbalances, specially the fiscal one, have been curbed in the second half of 2022 after the change of Economy Minister. It will be crucial to maintain this dynamic during the next election year. The current drought entails a severe risk for the agricultural sector and the exports of 2023.