The government raises alarms about a possible lack of water reserves in Montevideo and the metropolitan area.
This Monday the government will meet with authorities from SBI at 5:00 p.m. in the Executive Tower, in a meeting described as “important“, seeking to find a solution and provide answers to the problem of drought that already affects the entire national territory.
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The meeting will be chaired by the president himself Luis Lacalle Pouwho in recent days assured that the problem of water reserves “is quickly becoming an emergency” in all the country.


At the beginning of the current month, the OSE authorities had estimated that if there were no new precipitations, Montevideo and the metropolitan area They had water reserves until next Friday, June 23Therefore, when this date arrives, balances and evaluations will take place inside the entity’s board of directors.
On June 15, the OSE reported that The water reserves in the Paso Severino dam are at less than 5.66% of the total capacity, with a volume of 3.79 million cubic meters out of a total of 67 million cubic meters. According to the entity, the current situation of the reservoir in the department of Florida continue being “very critical“.
The volume in Paso Severino, the main freshwater reserve for the population of Montevideo and the metropolitan area, continues to fall to record lowsafter last May the drought was such that it exposed the “old bridge”, which had been completely submerged more than 36 years ago.
The BCU prepares new financial and monetary reports
Next Thursday, June 22, the Central Bank of Uruguay (BCU) will update several monthly reports related to the financial system and monetary policy.
The four publications that are expected for that day all correspond to information for the month of May, and they are updates of: the fixed income securities circulating; The main AFAP variables; The main stock market variables; and the main monetary aggregates.
The INE prepares new business and real estate indicators
The week will also feature new publications by the Statistics National Institute (INE) regarding business indicators and the real estate aspect.
Next Tuesday, June 20, the Real Estate Activity Indicators (IAI) of the Trading Market, a technical report that corresponds to the March-April period. On the other hand, on Friday, June 23, a study of the demography of companies at the national level will be uploaded, corresponding to the first quarter of the year.
Source: Ambito