Uruguay can pay public debt to December - cen bank

- Central Banking staff
- 05 Sep 2002

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URUGUAY - Uruguay has enough funds to pay its public debt up to December using international reserves and multilateral loans, Central Bank President Julio de Brun said on Wednesday, responding to investor concerns the recession-hit country would not be able to honour its commitments.

Uruguay's agriculture, tourism and banking-based economy has been battered in recent months by fears of a repeat at home of the economic crisis in Argentina, where a deep recession has put banks on the brink of

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