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Home / Business / Rustam Azimov: External Debt of Uzbekistan Is abou...

Rustam Azimov: External Debt of Uzbekistan Is about 16% of GDP

The external debt of Uzbekistan makes up about 16% of GDP. This was noted by Vice Prime Minister of Uzbekistan Rustam Azimov at the yeasterday meeting of the Uzbek-Tajik intergovernmental commission for trade and economic cooperation.

“Today, Uzbekistan’s internal debt is zero, and the external is about 16% of GDP,” said Azimov.

He also noted that since 2000 Uzbekistan’s GDP in dollar terms increased by more than 5 times. Since 2005, it retained a positive balance of trade and balance of payments, as well as a steady surplus of the state budget.

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