After growing at a rate of 8.5% in 2010, real GDP continued showing a promissory performance recording a 6.8% growth in the first quarter of 2011 compared with the same period of 2010.
The Uruguayan economy grew 4.8% in the second quarter of 2011 compared to the same period of 2010 and 5.7% during the first half of the current year. On a seasonally adjusted basis, the level of activity grew 0.5%
Supported by strong growth in domestic demand, in 2010 the Uruguayan economy marked its eighth consecutive year of expansion. Last year real GDP increased 8.5%. Construction, Commerce, Energy, and Transport sectors
Last December Congress approved the new Fiscal Budget for the period 2010 ? 2014 (Law 18,719). The new budget is based on fiscal discipline and is consistent with the financial program in order
