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FA majority confirms economic leadership in Uruguay

Montevideo, Jun 23 (Prensa Latina) With the majority vote of the Broad Front bloc, the Uruguayan Senate endorsed the government's economic performance, following a 12-hour hearing by the opposition led by the Minister of Economy and Finance, Gabriel Oddone. During the lengthy session, Senator Sergio Botana, who was leading the questioning, challenged the overall state of the economy, growth prospects, and the functioning of pension fund administrators, among other issues.

In the end, the ruling party bloc approved a declaration of support for the minister and the economic team.

The motion highlights “support for the clear and consistent economic course, based on macroeconomic stability and responsible risk management, in the face of an international context of geopolitical tensions, growing uncertainty, and repeated external shocks.”

It adds that during 2025, “the economic team’s management allowed for a combination of responsible macroeconomic policy with concrete improvements for the people.” Among the achievements highlighted are economic growth, job creation, improved real wages, pensions, and household income, as well as a reduction in poverty.

It also emphasizes that inflation reached “its lowest level in the last 20 years,” fiscal targets were met, and country risk is at historic lows, “a clear indicator of confidence in our country.”

The motion concludes by reaffirming the Broad Front’s commitment to supporting the transformations boosted by the government to strengthen the welfare state.

This includes improving social protection, accelerating economic growth, and guaranteeing resources to address priority areas such as public safety, children, and those in the most vulnerable situations.

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