Uzbekistan’s public debt totals US$19.4 billion
Tashkent, Uzbekistan (UzDaily.com) -- The state debt of Uzbekistan, attracted under state guarantees in foreign and domestic markets, as of 1 July 2020 made up US$19.4 billion or 34 percent of GDP. This was reported by the Ministry of Finance of Uzbekistan.
Uzbekistan’s external debt is US$17.3 billion or 30.3 percent of GDP. The external debt compared to the beginning of this year increased by 10.5% or US$1.6 billion.
Domestic debt increased by 6.2% to 21.6 trillion soums (US$2.1 billion) or 3.7 percent of GDP.
In particular, the debt of Uzbekistan to the Asian Development Bank is US$3.9 billion, the World Bank - US$3 billion, the China Export-Import Bank - US$2 billion, the Japan International Cooperation Agency - US$1.7 billion, the Chinese State Development Bank - US$1 , 3 billion, by the Islamic Development Bank - for US$0.8 billion and other international financial institutions - US$3.2 billion
According to the Ministry of Finance, 69.4% of Uzbekistan’s external debts were attracted in US dollars, 11.9% in Japanese yen, 10.7% in SDRs, 4.5% in euros and 3.5% in other currencies.
At the same time, 29.4% of the funds raised (US$5.1 billion) were directed to energy development, 13% (US$2.2 billion) - to the development of transport infrastructure and 12.9% (US$2.2 billion) to the development of the housing and utilities sector ...
In the first half of the year, Uzbekistan sent US$465.1 million to service external debts: US$261.4 million in debt and US$203.7 million in interest on attracted loans.