Uruguay bets on international integration to attract investment amid global uncertainty

Business

x     Uruguay's government responded on Tuesday to the International Monetary Fund's latest projections with a strategy centered on trade openness and investment attraction. Deputy Economy and Finance Minister Martín Vallcorba acknowledged the world is going through “a moment of great uncertainty” driven by the Middle East war, but said the country is working to create “positive and favorable conditions for investment and growth.” The IMF cut its growth forecast for Uruguay from 2.4% to 1.8%