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External debt of Uzbekistan not exceeds 16% to GDP
External debt of Uzbekistan not exceeds 16% to GDP

External debt of Uzbekistan not exceeds 16% to GDP

Tashkent, Uzbekistan (UzDaily.com) -- The size of aggregate debt of Uzbekistan does not exceed 16% to GDP, President of Uzbekistan Islam Karimov said at the session of the Cabinet of Ministers of Uzbekistan.

The session summed up results of social-economic development of Uzbekistan for 2012 and approved main perspectives of economic programme for 2013.

At the session, Uzbek President stated that as of 1 January 2013 the size of aggregate external debt of Uzbekistan does not exceed 16% to GDP.

He said that in line with international criteria it is classified as "less than moderate" debt.

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