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Fiscal deterioration

Fiscal deterioration latest publications

November 20, 2019

Uruguay Economic Outlook. Second half 2019

We revised Uruguay's GDP growth downwards due to greater global uncertainty.

August 9, 2016

Presentation “Brazil Economic Outlook. Third Quarter 2016?

The worst in terms of activity growth is probably already over, but the cyclical recovery will be slow as structural factors (such as fiscal deterioration) will continue to weigh negatively. We continue to expect GDP to grow by 0.9% in 2017 after having contracted 3.8% in 2015 and 3.0% in 2016.