Uzbekistan's external debt announced
Baku, Azerbaijan, Dec. 28
By Rashid Shirinov – Trend:
The total external debt of Uzbekistan in the first 9 months of 2018 amounted to $16.4 billion, Trend reports with reference to the Uzbek media.
Compared to the beginning of 2018, the total external debt increased by 4.2 percent or $664.3 million, according to the Central Bank of Uzbekistan.
Public external debt accounted for 53 percent and private external debt made up 47 percent of Uzbekistan’s total external debt.
The oil and gas and energy sector accounted for the bulk of the private external debt: $5.6 billion or 73 percent.
In the first 9 months of 2018, the private external debt was repaid for a total amount of $962.6 million and interest of $225.9 million. The figures for the public external debt were $303.7 million and $122.8 million, respectively.
It should be noted that the oil and gas and energy sector ($645.8 million), as well as the banking ($151.4 million) and telecommunications sectors ($118.8 million) accounted for a significant share of the repayment of the private sector's principal debt.
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