Uzbekistan’s external debt up by 18 percent in nine months

The Ministry of Finance has published a review of the state and dynamics of public debt for the III quarter of 2020.

Reportedly, in the first 9 months of this year, the country’s external debt increased by $2.8 billion or 18 percent compared to the beginning of the year, and as of October 1 this year, it amounted to $18.5 billion or 32.8 percent of GDP.

Of which:

• external debt on behalf of the government – $12.7 billion;
• government-guaranteed external debt – $5.8 billion.

The country’s domestic debt, according to preliminary estimates, amounted to 23.6 trillion soums ($2.3 billion) or 4.0 percent of GDP.

Of which:

• domestic debt on behalf of the government – 4.7 trillion soums ($0.4 billion);
• government-guaranteed domestic debt – 18.9 trillion soums ($1.9 billion).