Central Bank of Uruguay President Guillermo Tolosa discussed how stronger institutions, greater capacity to absorb economic shocks and improved policy frameworks have increased Uruguay’s economic resilience. He argued that the diminishing domestic impact of increasingly frequent and intense international shocks warrants a reassessment of risk perceptions inherited from earlier periods. Tolosa linked these perceptions to savings and investment preferences, noting that fear-driven financial decisions can affect financial development, access to credit and economic growth. He called for expectations to be grounded more firmly in evidence as Uruguay addresses future challenges.
Central Bank of Uruguay2026-07-30
Central Bank of Uruguay president urges reassessment of risk perceptions shaping savings and investment
Central Bank of Uruguay President Guillermo Tolosa said stronger institutions and policy frameworks have reduced the domestic impact of international shocks. He urged a reassessment of inherited risk perceptions that shape savings and investment decisions, financial development and access to credit.