Uruguay debt: East-West Debt news update on the debt situation in URUGUAY

International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer attractive financial solutions for solving non-performing trade and bank debts in Uruguay

East West Debt, solving defaulted trade and bank debt

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

We are pleased to present another issue of East-West Debt news update on the debt situation in the world. International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer our readers attractive financial solutions for solving non-performing trade and bank debts ...

... thanks to the expertise of our international network of experts. East-West Debt is an international financial company specialised in the recovery of overdue debt. To be successful to our clients, we give the highest priority to attractive creativity, quality and integrity for solving overdue debts in high risk countries.

East-West Debt offers financial solutions to multi-nationals, banks, governments, and insurance companies in solving overdue debts in high-risk countries in:

Africa,

the Middle East,

Eastern Europe,

Latin America,

South-East Asia.

For solving overdue debts, East-West Debt is using the following solutions:

debt equity swaps

debt for counter-trade

debt for debt swaps

debt collection

international litigation

debt recovery

defaulted emerging market debt

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

East-West Debt has made every effort to ensure the accuracy of this publication. Neither the company nor any contributor can accept any responsibility for -including but not limited to- errors, omissions, opinions or advice given. This publication is not a substitute for professional advice and all information is for guidance only.