Resource information
Uruguay is a country of about 3.3
million people, which has consistently given high priority
to achieving broadly-shared economic growth and a
sustainable reduction in poverty. A strong and progressive
social compact has been a defining feature of Uruguayan
society and politics, with consistent emphasis placed on
protecting vulnerable groups, assuring worker dignity and
promoting equitable growth. This compact, combined with
rapid economic growth since 2003, has contributed to the
development of a sizeable middle class, at 60 percent, the
largest in Latin America as a proportion of the population,
as well as effective institutions, good governance and, in
consequence, a high degree of public trust in Government.
The resultant political stability has been a fundamental
element of Uruguay’s success in attaining its present
standards of living. This Country Partnership Framework
(CPF) is aligned with Uruguay’s 2015-2020 political cycle
and selectivity has been exercised in the identification of
objectives. The design of the CPF program responds to the
Government’s priorities and is also closely coordinated with
the programs of Uruguay’s other development partners,
including IADB and CAF. The program is anchored in the
findings of the new Systematic Country Diagnostic (SCD)
which was informed by extensive consultations with a wide
range of stakeholders. The proposed CPF program is designed
to support the Government in its pursuit of six objectives
identified in the SCD, grouped into three focal areas,
namely, building resilience, rebalancing the social compact,
and integrating Uruguay into global markets. During
consultations, the Government endorsed the selection of
focal areas (CPF’s pillars and objectives) and the technical
teams closely coordinated with the Bank experts who designed
a set of indicators, which are fully owned.