Uruguay forecasts GDP will expand 30% in five years

According to a story in Mercopress today, the administration of President Jose Mujica estimates the Uruguayan economy will expand 30.2% from 2010 to 2015, reducing the fiscal budget 0.1% of GDP each of the five years. At the end of the period the US dollar currently exchanged at 20.50 Uruguayan pesos should reach 23.40 pesos.