The Uruguayan state should be downsized and move aside to allow private capital to lead the country's economic development, the newly elected leftwing government maintains.
"There is a huge place for the private sector - much more than the public sector - to develop the country," Rodolfo Nin Novoa, the vice-president, said in an interview with the Financial Times. "The private sector will spearhead development while the state develops the right framework for the private sector to prosper."
