Reported about 1 month ago
Uruguayans are preparing to vote in a presidential election dominated by a controversial pension overhaul, as the opposition Broad Front candidate, Yamandu Orsi, leads in the polls against incumbent Alvaro Delgado. While many voters grapple with economic concerns and increasing crime rates, tension surrounds a proposed amendment to the social security system that has left investors wary of potential fiscal ramifications. The voting will also include optional plebiscites on significant changes to the social security framework, with analysts predicting possible repercussions for the currency and government bonds based on the outcomes.
Source: YAHOO