Uruguay’s Ministry of Economy and Finance published an update on its cooperation with the Organisation for Economic Co-operation and Development, identifying three priorities: completing the country’s integration into the Global Minimum Tax framework, strengthening labor market policy and assessing gaps between domestic regulation and OECD standards. Economy and Finance Minister Gabriel Oddone presented the workstreams at a meeting with OECD and Inter-American Development Bank officials focused on Uruguay’s engagement with multilateral institutions. The qualification process for Uruguay’s domestic minimum tax is in its final stage, which is expected to allow formal participation in the Global Minimum Tax framework from 2027. A technical labor program with the Office of Planning and Budget and the National Institute of Employment and Vocational Training is gathering evidence and comparative analysis to support employment and labor relations policy. Separately, a two-year, IDB-financed multidimensional economic study will measure regulatory gaps against OECD standards and examine barriers to productivity and competitiveness. The work forms part of more than 20 years of Uruguay-OECD cooperation. The IDB’s 2026-2030 country strategy could mobilize about USD 5 billion for Uruguay through public and private sector financing, innovation support and investment, with priorities including competitiveness, social welfare and public services.
Source: 2026-09-28Ministry of Economy & Finance (Uruguay)
Uruguay’s Ministry of Economy and Finance outlines three OECD priorities, targets 2027 global minimum tax integration
Uruguay’s Ministry of Economy and Finance outlined three OECD cooperation priorities covering the Global Minimum Tax, labor market policy and regulatory alignment. The domestic minimum tax qualification process is nearing completion, with formal integration into the global framework expected in 2027, while a two-year IDB-financed study will assess gaps with OECD standards.