Uruguay to face deficit challenge, says Fitch

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Uruguay to face deficit challenge, says Fitch

Uruguay, Lacalle Pou, elections, government, LatAm
Luis Lacalle Pou, presidential candidate for the National Party speaks to his supporters before the elections. The National party and the Frente Amplio party will go to second round on November 27 after obtaining most of the citizenís votes. (Photo by Mauricio Zina / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Market participants expect Uruguay’s new centre-right government to tighten fiscal policy, but rating agencies believe doing so will prove a difficult balancing act.

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