Page 11 - Uzbek Outlook 2022
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3.4 Debt
In 2020, the government limited the sourcing of external loans on behalf of the government or under its
guarantee. It also limited the total volume of domestic and foreign debt to 60% of GDP.
According to Ministry of Finance data, the public debt is projected to reach $33.5bn, or 44.9% of GDP, in
2022.
The state's external debt is forecast to amount to $30.4bn (40.7% of GDP). A total of $23.5bn is to be
raised on behalf of the government, while $7.5bn is be taken under state guarantee.
11 Uzbekistan Outlook 2022 www.intellinews.com
