External debt of Uzbekistan slightly increases
Baku, Azerbaijan, June 29
By Fikret Dolukhanov – Trend:
The external debt of Uzbekistan increased to $14.7 billion by the end of March 2018, Central Bank of Uzbekistan said in the report on the balance of payments and international investment position for the 1Q2018.
The bulk of the increase in external debt fell on the share of public sector, where, taking into account fluctuations in the exchange rate, growth of state borrowing amounted to $329 million. The balance of the state external debt increased from $7.6 billion to $7.9 billion.
Growth of liabilities for private external debt was observed in the banking sector ($70 million) and in the non-banking financial institutions sector ($3 million).
At the same time, the amount of private external debt of economic entities decreased by $222 million due to repayment of debt on principal and interest. As a result, the private external debt decreased from $6.3 billion to $6 billion.
The amount of Uzbekistan's liabilities to non-residents has grown to $26.1 billion. The main growth was observed in direct investment and loans, which increased from $5.3 billion to $5.5 billion (a 4.2-percent increase).
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