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February 23, 2023
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Fiscal Advisory Council sees no room for tax cuts

Fiscal Advisory Council sees no room for tax cuts

Fiscal Advisory Council sees no room for tax cuts

Fiscal Advisory Council sees no room for tax cuts

Economy and Business > Public accounts

The report, which is not binding, prepared by the economists Lema, Fostel and Capurro, affirms that on the side of structural income, “there is no” improvement in potential growth “consistent” with a greater rate of permanent fiscal expansion

Alfonso Capurro, Ana Fostel and Aldo Lema.  (file photo)

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February 22, 2023 at 18:37

The Uruguayan Fiscal Advisory Council (CFA) -created by the law of urgent consideration within the framework of the new fiscal institutionality- and convened by the Ministry of Economy and Finance (MEF), published this Wednesday its evaluation report corresponding to 2022, in which it makes assessments of fiscal consolidation, the risks of the external and local context, and the risks in policy decisions.

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