Tashkent, Uzbekistan (UzDaily.uz) -- The Central Bank of Uzbekistan hosted a training seminar on the concept and analysis of the debt burden with the participation of an expert from the International Monetary Fund (IMF), employees of the Central Bank and commercial banks.
The seminar included presentations on such topical issues as the ratio of loans to GDP, industry analysis, the credit burden of individuals, problem loans (NPL), etc.
It was noted that in recent years there has been a significant increase in the total debt burden and its individual components. In particular, the ratio of loans allocated to the private sector to GDP remains above the overall trend.
The share of problem loans as of 1 July 2022 amounted to 4.9%. However, this figure fixes lower figures than in the CIS countries - 5-5.2 percent. According to experts, the growing number of borrowers may also lead to an increase in the debt burden in the future.
During the event, the IMF representative made a presentation on the topic “Macroprudential control over problem loans”, and analyzed the results of macro stress tests.
At the end of the seminar, the participants received answers to their questions.
