111 Economists and the BPS Rescue: A Controversial Plan Sparks Debate in Uruguay

Montevideo, Uruguay – A video circulating on social media has sparked debate about the recent financial rescue package for professionals in Uruguay. The video features a woman discussing the opinions of 111 economists who criticized the plan. She highlights the concerns of Jimena Pardo, the president of the Banco de Previsión Social (BPS), regarding the controversial equalization of minimum salaries and pensions. "One of the most controversial points of the plebiscite was the equalization of minimum salaries with minimum pensions," she states in the video. This equalization has raised concerns among contributors to the BPS, prompting questions about the long-term financial sustainability of the system. The video's conversational style has generated significant online discussion, underscoring the public's interest in the economic and social implications of this policy.