Banking reform will reinforce recovery -

World / Americas / Uruguay

Jason Mitchel | 4/04/2005 12:00 am

Uruguay is bouncing back from the economic downturn caused by its over-reliance on Argentina. Tighter banking supervision will be key to maintaining the country’s growth. Jason Mitchell reports from Montevideo.

Uruguayan authorities need to tighten banking supervision if the country is to regain its reputation as a sound financial centre.

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