Macroeconomic Forecast Uruguay

November 2006 | Macroeconomic Forecasts

Data provided by the Banco Central del Uruguay shows that total tax revenues amounted to UYU6.5bn in September, increasing by 17.3 y-o-y. While revenues from value-added taxes (VAT) rose by 9.0% y-o-y, taxes from international trade and domestic production grew by 6.2% y-o-y. Total revenues, which reached UYU59.8bn during the first nine months of 2006 and increased by 17.0% y-o-y, were mainly boosted by strong economic growth and higher

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