Starting on Tuesday, May 1, residents and non-residents will receive the same 9 percent VAT refund on tourism-related purchases. This benefit consists of a value added tax reduction for tourism services provided to non-resident individuals and paid for with debit or credit cards issued abroad.
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The International Monetary Fund (IMF) issued its World Economic Outlook, April 2018 report, in which it projects that Uruguay’s economy will see a growth of 3.4 percent in its Gross Domestic Product (GDP) in 2018 and of 3.1 percent in 2019.
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Representatives of Uruguay XXI participated in a series of activities carried out in the month of April in the framework of two summits held in the capital cities of Japan and South Korea, where they promoted infrastructure projects.
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