Uruguay's economy has demonstrated resilience despite slower growth, supported by strong institutions and credible policy frameworks. Inflation has remained within the target range for virtually all of the past three years, while fiscal objectives are on track. Strengthening labor supply and labor market inclusion will be essential to support growth. https://www.imf.org/en/news/articles/2026/09/24/cs-092426-uruguay-staff-concluding-statement-2026-aiv-mission