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Uzbekistan’s national debt reaches US$37 billion

Jamshid Kuchkarov

Uzbekistan’s national debt reaches US$37 billion

Tashkent, Uzbekistan (UzDaily.com) — In the first half of 2024, Uzbekistan’s national debt reached US$37 billion. This announcement was made by Deputy Prime Minister and Minister of Economy and Finance of Uzbekistan Jamshid Kuchkarov during a session of the Legislative Chamber of the Oliy Majlis on 5 September.

According to Kuchkarov, the national debt represents 33.2% of the country’s gross domestic product (GDP).

He noted that US$30.9 billion of the total national debt is external, while US$6.1 billion is internal.

Kuchkarov also emphasized that, according to the International Monetary Fund’s report, Uzbekistan’s level of national debt is at a moderate level.

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