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Uruguay warns over agricultural debt after drought

Montevideo, Aug 20 (Prensa Latina) The growing debt in the agricultural sector as a result of the historic drought in 2022 and 2023 is currently a cause of concern in Uruguay.

The Association of Accountants, Economists, and Administrators of Uruguay (CCEAU) made the remarks.

That concern will be under discussion during the Agricultural Meetings with Argentina, a neighboring country that has also suffered the drought effects.

The on-site and virtual event will take place at the Parque de Minas, in the northeastern Lavalleja department, on September 5 and 7.

CCEAU President Cristina Freire told reporters that “we are currently seeing the consequences of the drought” and its impact on the agricultural producers’ debt.

The forum will also address market analysis, trusts, new technologies, and the prospects for public policies to address the sector’s problems.

mh/iff/ool

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