Finance Minister: Uzbekistan’s external public debt remains at a moderate level
Uzbekistan’s external public debt in 2020 remained at a moderate level, Finance Minister Timur Ishmetov said.

“According to preliminary estimates, as of January 1, 2021, the size of the external public debt amounted to $21.1 billion, or 36.5% of GDP. Despite the growth in recent years, by international standards, our country's foreign public debt remains at a moderate level,” the minister said at a briefing.
He noted that public debt is an integral and important part of the state economic policy.
“The borrowed funds received by the state are mainly directed to the development of systemically important sectors of the economy – energy, transport, engineering, telecommunications, chemical industry, education, agriculture and health,” Ishmetov added.
In particular, in 2020, $3.1 billion (14.6%) was directed to the electricity sector, $2.6 billion (12.4%) – to the oil and gas industry, $2.4 billion (11.5%) – to the sphere of transport infrastructure, $2 billion (9.4%) – to housing and communal services.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Uzbekistan appoints new ambassador to Finland
SOCIETY | 17:20
-
President Mirziyoyev backs closer scientific, economic, and political cooperation with EU
POLITICS | 17:17
-
Aggregators to pay taxes on behalf of self-employed taxi drivers and couriers earning over 100 million UZS
SOCIETY | 16:40
-
Applications for contract-based military service can now be submitted online
SOCIETY | 16:27
Related News

12:16
Uzbekistan may feel secondary effects of Trump’s global tariff policy

15:50 / 03.04.2025
Trump imposes 10% baseline tariff on all imports, raising economic uncertainty

19:17 / 02.04.2025
Uzbekistan sees 20% increase in budget revenue in Q1 2025

17:57 / 01.04.2025