TohidA/MONA · Datasets at Hugging Face

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Contract an audit firm to perform financial audits of the liquidation funds

11

Fifth Review Prior action

M

N/A

5

11

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Contrcat a firm to manage all avaialble assets of the liquidation funds, and assign management of at least US$300 million as a first tranche.

12

Fifth Review Prior action

M

N/A

5

12

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Submission of the end-July financial statements of the liquidation funds to the MEF and the BCU.

13

Fifth Review Prior action

M

N/A

5

13

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

PA

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Formation of a fiscal monitoring committee comprising representatives from MEF, BCU, BROU, and BHU to ensure provision of fiscal data necessary for monitoring performance under the program within 60 days of the close of preceeding quarter, as provided in the TMU

1

Fifth Review Prior action

M

N/A

5

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Presentation to Congress of a comprehensive reform to rationalize and simplify the tax system.

1

12/31/2002

M

N/A

5

1

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Submission to Congress of a comprehensive VAT reform proposal

2

12/31/2002

M

N/A

5

2

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establishment of Large Taxpayers Unit at the Tax Administration Department (DGI)

1

09/30/2004

MOD-DATE

N/A

5

1

2004-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establishment of Large Taxpayers Unit at the Tax Administration Department (DGI)

1

12/31/2004

SB

N/A

5

1

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

21.1

2.1. Central bank operations and reforms

Completion of proposal to develop additional monetary policy instruments

1

06/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

1

2002-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Completion of external audit of BCU's 2003 accounts

2

06/30/2004

M

N/A

5

2

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by congress of reform of pension fund for the police

1

07/31/2003

MOD-DATE

N/A

5

1

2003-07-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by congress of reform of pension fund for the police

1

09/15/2003

MOD-SB

Combined with reform of pension funds for the military at P1R4, with 6/30/2004 test date.

5

1

2003-09-15

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of reform of pension funds for the military

2

09/30/2003

MOD-SB

Combined with reform of pension funds for the police at P1R4, with 6/30/2004 test date.

5

2

2003-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for the police and the military

3

06/30/2004

NM

At P1R4 reform of pension funds for police, and military, were combined.

5

3

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for the police and the military

3

12/31/2004

SB

N/A

5

3

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for bank employees

4

12/31/2004

SB

N/A

5

4

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of reform of pension fund for bank employees

5

12/31/2002

NM

N/A

5

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of reform of pension fund for bank employees

5

12/31/2003

NM

At P1R4, reset to 12/31/04, with change to sb: "Approval by Congress of the reform of pension funds for bank employees."

5

2003-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of pension reform for the military

6

10/31/2002

MD

N/A

5

6

2002-10-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Issuance of decree or regulations to foster competition in the telecommunications sector

1

03/31/2003

M

N/A

5

1

2003-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Presentation to Congress of legislation to foster competition in the telecommunications sector

2

12/31/2002

NM

N/A

5

2

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Publication of monthly bank balance sheet data with a 2-month lag

1

12/31/2003

M

Observed for P1R4,P1R5.

5

1

2003-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Publication of monthly bank balance sheet data with a 2-month lag

1

Continuous

SB

beginning with data for March 31, 2003.

5

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Central Bank will issue regulation ensuring that credit risk of lending in foreign exchange is appropriately internalized by banks.

2

09/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

2

2002-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of assessment of compliance with Basle core principles

3

06/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

3

2002-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Completion of external audit by an internationally reputable firm of assets transferred to the fiduciary trust

1

06/30/2004

SB

Status: Pending, audit underway

5

1

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Prepare a strategy document for disposal of remaiing assets of suspended banks

2

03/31/2003

NM

N/A

5

2

2003-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Evaluation of the adequacy of BROU's regulatory plan and development of a plan of compliance with all prudential regulations

4

08/31/2002

M

N/A

5

4

2002-08-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Completion of supplementary external audit of FSBS.

5

03/31/2004

SB

At P1R5, ongoing.

5

2004-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Completion of external audit of FSBS

6

09/30/2003

PM

N/A

5

6

2003-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Agreement between BROU, the government, and the central bank on a reform plan for BROU

7

08/31/2003

MD

N/A

5

7

2003-08-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

BHU will halt new construction projects

8

06/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

8

2002-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

BHU starts replacing maturing US dollar liabilities with obligations denominated in UI

9

09/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

9

2002-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Legislation through either a decree or a bill submitted to Congress, if needed, with a medum-term reform proposal for BHU.

10

12/31/2002

M

N/A

5

10

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

BHU operations start to be conducted on a commercial basis and subsidies explicitly included in the budget.

11

12/31/2002

M

N/A

5

11

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Weekly publication of banking data with a one-week lag.

1

08/31/2002

NM

N/A

5

1

2002-08-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Introduction and publication on a daiy basis of the CPI-indexed financial unit UI

2

09/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

5

2

2002-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Submission of data to SDDS for publication

3

09/30/2003

PM

N/A

5

3

2003-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Issuance of decree or regulations to foster competition in the oil sector

1

12/31/2003

M

N/A

5

1

2003-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Presentation to Congress of legislation to foster competiton in the oil sector.

2

12/31/2002

NM

N/A

5

2

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Completion of partnership arrangements in the areas of oil, energy, transportation, and natural gas.

3

12/31/2002

M

N/A

5

3

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Presentation to Congress of revised tax reform legislation

1

06/30/2003

M

N/A

5

1

2003-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Congressional approval of the extension of the May tax measures.

2

10/31/2002

M

N/A

5

2

2002-10-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Presentation to congress of the law extending the May tax measures

3

06/30/2002

M

N/A

5

3

2002-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

No banks will be opened or reopened unless they are viable and meet all prudential norms.

1

03/31/2003

M

N/A

5

1

2003-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

No banks will be opened or reopened unless they are viable and meet all prudential norms.

1

06/30/2003

M

N/A

5

1

2003-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

No banks will be opened or reopened unless they are viable and meet all prudential norms.

1

Quarterly

PC

N/A

5

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Outsouce to third parties the disposal of the assets of the two liquidated banks in at least two asset groups.

1

07/31/2003

M

N/A

5

1

2003-07-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Presentation to congress of the restructuring plan of BHU

2

07/31/2002

M

N/A

5

2

2002-07-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Selection of winning bid for outsourcing of assets of liquidated banks

3

03/31/2004

W

Reset as prior action at P1R5.

5

3

2004-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

General manager of BROU's trust to enter into contract for the specialized services of professional experienced in dealing with nonperforming loans

4

03/31/2004

W

N/A

5

4

2004-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of the transfer to the fiduciary trust of all Category 4 and 5 loans above US$50,000

5

06/30/2004

M

N/A

5

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of the transfer to the fiduciary trust of all category 4 nonperforming laons above US$100,000 (more than 150 days overdue) that have become Category 5 (more than 240 days overdue).

6

03/31/2004

M

N/A

5

6

2004-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Government to ensure timely service of BHU note to BROU

7

08/31/2004

M

Met for P1R5.

5

7

2004-08-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Government to ensure timely service of BHU note to BROU

7

Continuous

PC

N/A

5

7

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of financial statements covering the operations of the liquidation funds since inception.

8

09/30/2004

PC

N/A

5

8

2004-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of external financial audit of the liquidation funds.

9

10/31/2004

PC

N/A

5

9

2004-10-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of transfer of remaining available assets of the liquidation funds to the asset manager.

10

10/31/2004

PC

N/A

5

10

2004-10-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Completion of the transfer to the BROU fiduciary trust of all new and remaining Category 4 and 5 loans.

11

12/31/2004

PC

N/A

5

11

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Publication of quarterly financial reports of the liquidation funds for end-December 2004.

12

01/31/2005

PC

N/A

5

12

2005-01-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

11/30/2004

PC

Monthly, beginning September 20, 2004.

5

13

2004-11-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

12/31/2004

PC

Monthly, beginning September 20, 2004.

5

13

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

01/31/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-01-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

02/28/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-02-28

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

03/31/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-03-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

04/30/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-04-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

05/31/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-05-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-08-27

P1

R5

BLANK

SPC

25.2

6.2. Restructuring and privatization of financial institutions

Submission of monthly financial statements of the liquidation funds by the 20th of the following month to the MEF and the BCU, starting with the end-August statement.

13

06/30/2005

PC

Monthly, beginning September 20, 2004.

5

13

2005-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Obtain and present to staff evidence of adequate financing assurances to meet financing needs for the 2003 program.

1

Second Review Prior action

M

N/A

6

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Congressional approval of the law establishing the FFSB

1

First Review Prior action

M

N/A

6

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Selection of general manager of the BROU fiduciary trust

1

Fourth Review Prior action

M

N/A

6

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Issuance of unconditioned government guarantee on the performance of the notes to be issued by the ficuciary trust in exchange for loans transferred from BROU.

2

Fourth Review Prior action

M

N/A

6

2

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Call for bids for outsouricng of assets of liquidated banks.

3

Fourth Review Prior action

M

N/A

6

3

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Closing of insolvent banks and the beginning of their resolution

4

First Review Prior action

M

N/A

6

4

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Complete strategy document for disposal of remaining assets of the liquidated banks and establish a central liquidation steering committee to facilitate implementation of the strategy

5

Third Review Prior action

M

N/A

6

5

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Completion of the inventory of assets held by the liquidation funds

6

Fifth Review Prior action

M

N/A

6

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Transfer to the Banking Superintendency of information on nonperforming borrowers whose loans are held by the liquidation funds, for inclusion in the credit registry.

7

Fifth Review Prior action

M

N/A

6

7

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Preparation of balance sheets, as of end-May, for each of the liquidation funds

8

Fifth Review Prior action

M

N/A

6

8

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Appointment by BCU of full-time supervisor to oversee the activities of the liquidation funds

9

Fifth Review Prior action

M

N/A

6

9

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Contract an accounting firm to prepare financial statements covering operations of the liquidation funds since inception

10

Fifth Review Prior action

M

N/A

6

10

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Contract an audit firm to perform financial audits of the liquidation funds

11

Fifth Review Prior action

M

N/A

6

11

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Contrcat a firm to manage all avaialble assets of the liquidation funds, and assign management of at least US$300 million as a first tranche.

12

Fifth Review Prior action

M

N/A

6

12

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Submission of the end-July financial statements of the liquidation funds to the MEF and the BCU.

13

Fifth Review Prior action

M

N/A

6

13

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Completion of financial statements covering the operations of the liquidation funds since inception.

15

Sixth Review Prior action

M

N/A

6

15

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

PA

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Formation of a fiscal monitoring committee comprising representatives from MEF, BCU, BROU, and BHU to ensure provision of fiscal data necessary for monitoring performance under the program within 60 days of the close of preceeding quarter, as provided in the TMU

1

Fifth Review Prior action

M

N/A

6

1

2023-09-23

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Presentation to Congress of a comprehensive reform to rationalize and simplify the tax system.

1

12/31/2002

M

N/A

6

1

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Submission to Congress of a comprehensive VAT reform proposal

2

12/31/2002

M

N/A

6

2

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establishment of Large Taxpayers Unit at the Tax Administration Department (DGI)

1

09/30/2004

MOD-DATE

N/A

6

1

2004-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establishment of Large Taxpayers Unit at the Tax Administration Department (DGI)

1

12/31/2004

SB

N/A

6

1

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

21.1

2.1. Central bank operations and reforms

Completion of proposal to develop additional monetary policy instruments

1

06/30/2002

CAN

No mention of this sb in EBS/03/27 (P1R2); assumed to be cancelled.

6

1

2002-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Completion of external audit of BCU's 2003 accounts

1

06/30/2004

M

N/A

6

1

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for the police and the military

1

06/30/2004

MOD-DATE

At P1R4 reform of pension funds for police, and military, were combined.

6

1

2004-06-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for the police and the military

1

12/31/2004

SB

N/A

6

1

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of the reform of pension funds for bank employees

2

12/31/2004

SB

N/A

6

2

2004-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by congress of reform of pension fund for the police

3

07/31/2003

MOD-DATE

N/A

6

3

2003-07-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by congress of reform of pension fund for the police

3

09/15/2003

MOD-SB

Combined with reform of pension funds for the military at P1R4, with 6/30/2004 test date.

6

3

2003-09-15

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Approval by Congress of reform of pension funds for the military

4

09/30/2003

MOD-SB

Combined with reform of pension funds for the police at P1R4, with 6/30/2004 test date.

6

4

2003-09-30

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of reform of pension fund for bank employees

5

12/31/2002

NM

N/A

6

5

2002-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of reform of pension fund for bank employees

5

12/31/2003

NM

At P1R4, reset to 12/31/04, with change to sb: "Approval by Congress of the reform of pension funds for bank employees."

6

5

2003-12-31

N/A

535

URUGUAY

298

SBA

2002-04-01

2,002

2004-03-31

2,004

2005-03-31

N/A

2004-11-29

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Presentation to Congress of pension reform for the military

6

10/31/2002

MD

N/A

6

2002-10-31

N/A