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Uzbekistan reveals public debt for 2021

Uzbekistan Materials 1 March 2022 10:56 (UTC +04:00)
Uzbekistan reveals public debt for 2021

BAKU, Azerbaijan, Mar.1

By Natavan Rzayeva - Trend:

The public debt of Uzbekistan as of 1 January 2022 amounted to $26.3 billion, Trend reports via Uzbek Ministry of Finance.

According to the ministry, the public debt of Uzbekistan increased by $2.9 billion compared to the beginning of 2021.

At the same time, Uzbekistan's GDP grew by $9.4 billion in 2021, which reduced the public debt to GDP ratio from 39 percent to 38 percent.

The state external debt amounted to $23.6 billion and domestic debt - $2.7 billion.

In 2021, Uzbekistan signed agreements on attracting external loans in the amount of $5.5 billion, including government securities for 5 billion soums ($459,136).

During this period the amount of funds from international financial organizations attracted by Uzbekistan was $10.9 billion.

In particular, Uzbekistan's debt to the Asian Development Bank is $5.2 billion, the World Bank - $4.3 billion, the China Export-Import Bank - $2 billion, the Japan International Cooperation Agency - $2.1 billion, the China State Development Bank and others - $2.2 billion, the Islamic Development Bank - $0.9 billion and other international financial institutions - $2.7 billion.

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