Uruguay grows 4.8% and creates 40,000 new jobs by 2022, government says

The country's economy and finance minister, Azucena Arbeleche, made the announcement on Monday, stressing that the economy grew by 8% in the first quarter of this year compared to the same period last year.

RIO DE JANEIRO, BRAZIL - Uruguay's government estimates that the economy will grow by 4.8% and create 40,000 new jobs by 2022. This is according to the draft accountability report that the executive branch will present to Parliament on Thursday.

The country's economy and finance minister, Azucena Arbeleche, announced on Monday that the economy grew by 8% in the first quarter of this year compared to the same period last year.

"The economic team feels reassured in presenting today a new growth estimate of 4.8% for 2022, one percentage point higher than our estimate in February . . .

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