After a week of debate around the public debt and a worsening of the situation of the bird flu in the country, with the detection of new outbreaks, the government of Luis Lacalle Pou He faces several appointments of interest in the coming days.
Since the complicated discussion of the social security reform in the Chamber of Deputies until the expectation for the dissemination of relevant economic indicators, these are the four events that will mark the future of the economy and politics in the coming days:
The social security reform, in the final stretch?
The government had set this Friday as the desired day for the Chamber of Deputies to give final sanction to the social security reform, a deadline more than threatened by the intransigence of its coalition partner Cabildo Abierto.
An extraordinary session is called on Wednesday, at the request of the National Party, with the purpose of arriving close to the dates, although even if the tensions with the lobbyists are released, it is most likely that President Luis Lacalle Pou will be able to promulgate the star of his reforms just after Tourism Week.
Social conflict grows
Last week the PIT-CNT carried out an important general strike against the social security reform, while new protests are planned for the day that its treatment finally occurs in the plenary session of the Chamber of Deputies.
yesterday, the National Union of Workers and Transport Workers (unott) and the Single Union of Automobiles with Taximeter and Telephone Operators (suatt) stopped due to the death of two transport workers in the department of paysanduand the city of San Ramón (cannelloni) during robbery attempts.
The fuel supply was at risk over the weekend due to forceful measures by the Association of Fuel Transportation Companies (ATC)which were lifted after an agreement with the government that granted a 40% salary increase.
Meanwhile, the Association of Air Traffic Controllers of Uruguay (Actau) reported that it takeoffs will be suspended between April 3 and 16 in demand for salary improvements The union measure was born as a response “to the breach of the agreement signed on December 30 and its addendum of January 31 of this year.”
What’s going to happen with the dollar?
He dollar accumulate a fall of 2.83% so far this yearwhich adds to the decline of 10.35% that it recorded in 2022. However, it moderated its decline in recent weeks: it passed of 12.04% end of january at 6.83% at the closing value of last Friday.
Since the beginning of February, when the US currency was trading at 38,681 pesos to the current 38,935 pesos, there is an increase of 0.66%.
At the end of March and beginning of April of last year, the dollar was at 40.126 pesos. If the exchange rate continues its current upward trend, the negative of the year-on-year change will continue to get smaller and smaller.
Key indicators are disseminated
Today the National Statistics Institute (INE) will publish the Technical Report corresponding to poverty for the second semester of 2022. The previous measurement showed that for every 1,000 households, 3 did not exceed the income necessary to cover basic food needs, while the incidence of poverty was estimated at 7.4%, implying that for every 1,000 households, 74 are below the poverty line.
Meanwhile, the Central Bank of Uruguay (BCU) will broadcast on Thursday surveys of inflation and economic expectations March, which serve as a thermometer of the market’s mood. In the previous diffusion, businessmen corrected their inflation forecast upwards, keeping it outside the government’s target range of 3-6%-
Source: Ambito
