Uzbekistan’s debt levels to edge up by 2028, S&P Global says
Photo: S and P Global Ratings
S&P Global forecasts Uzbekistan’s public debt will rise from 33% to 40% of GDP by 2028, with potential risks from non-guaranteed debt of state-linked entities. The government is shifting toward domestic borrowing and limiting future PPP commitments amid growing debt servicing costs and shrinking liquid assets.
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