DEBT OF URUGUAY News update on the country debt situation, by East-West Debt

The IMF also approved the rescheduling of amounts previously committed to Uruguay to allow an immediate drawing of $793 million.

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East-West Debt oct. 2002 news, update : URUGUAY

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Uruguay The IMF completed the first review, and approved a further $494 million on its current Stand-By Credit to Uruguay. The IMF also approved the rescheduling of amounts previously committed to Uruguay to allow an immediate drawing of $793 million.

The original 24-month Stand-By Credit of $781 million was approved by the IMF in March this year and increased by $1.5 billion to $2.3 billion year and increased by $1.5 billion to $2.3 billion under the Stand-By Credit amounts to $2.8 billion.

The IMF's increased assistance, together with the assistance from other international financial institutions, will provide critical support to the authorities' strong determination to restore confidence, ensure debt sustainability, and build the foundation for growth and employment.

ALGERIA ARGENTINA BRAZIL EGYPT
INDONESIA IRAN IRAQ JORDAN NIGERIA PAKISTAN TURKEY UKRAINE URUGUAY VIETNAM

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