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Uruguay: Notes On Debt Restructuring Plans, Impact Of Austerity Measures On Real Wages

LADB Article ID: 070003
Category/Department: General
Date: Thursday, August 9, 1990
By: Barbara Khol

The Uruguayan government plans to purchase $1.5 billion of its debt owed to foreign commercial banks, accounting for the lion's share of annual interest payments, estimated at some $160 million. Because of Uruguay's commendable record in making ...

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