Government of Uzbekistan Plans to Attract US$5 Billion in External Borrowing in 2026

Askar Yakubov · 19:48, 25.11.2025 · Updated 21:07 · 1706 views

Government of Uzbekistan Plans to Attract US$5 Billion in External Borrowing in 2026 / Photo: AI-generated image.

Tashkent, Uzbekistan (UzDaily.uz) — Next year, Uzbekistan plans to attract US$5 billion in external borrowing, the Ministry of Finance reported. By comparison, in 2025, the volume of external borrowings amounted to US$5.5 billion.

Of the planned amount, US$2.5 billion will be allocated to support the state budget, while the remaining US$2.5 billion will be used to finance investment projects.

The net volume of government securities issuance on behalf of the Republic is set at 30 trillion soums.

Meanwhile, the upper limit for the cost of new public-private partnership (PPP) projects is established at US$6.5 billion.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.