date

Uzbekistan's public debt has reached $44 billion: its structure and growth rate

Uzbekistan's public debt has reached $44 billion: its structure and growth rate

As of October 1, 2023, Uzbekistan's public debt amounted to $43.97 billion. This indicator reflects the annual growth rate, as well as changes in the country's economic situation and financial policy. External debt has reached $36.7 billion, while domestic debt stands at $7.2 billion. State debt in relation to GDP increased by 32.3 percent.

The national debt per Uzbek citizen has reached $1,151. This figure exceeded $1,000 for the first time at the beginning of 2023, which demonstrates the country's capabilities in financial security and debt burden management.

Currently, the main part of the country's external debt is received from the following international organizations:

• World Bank - $8 billion;

• Asian Development Bank - $7.5 billion;

• International bonds - $5.8 billion;

• Chinese financial institutions - $3.7 billion;

• Japanese financial institutions - $3.1 billion;

• Asian Infrastructure Investment Bank - $1.7 billion;

• French financial institutions - $1.2 billion.

These loan sources are aimed at promoting the country's social and economic development, infrastructure, and the implementation of important projects. For this, it is important for the state to correctly determine the direction of external debt and use it effectively.

Ctrl
Enter
Found a mistake?
Select the phrase and press Ctrl+Enter
Information
Users of Меҳмон are not allowed to comment this publication.
News » Economy » Uzbekistan's public debt has reached $44 billion: its structure and growth rate