Uzbekistan’s Public Debt Projected to Reach $45.1 Billion by 2025
According to the “Budget for Citizens” publication issued by Uzbekistan’s Ministry of Economy and Finance, Uzbekistan’s public debt is projected to reach $45.1 billion by the end of 2025. Updated estimates indicate that state debt will amount to $39.7 billion by the end of this year, rising to $45.1 billion, equivalent to 36.7% of GDP, in 2025. The publication’s primary focus is forecasting revenues, expenditure, and deficits in the state budget for 2025. State budget revenues are projected at 308,547 billion UZS ($24.19 billion), with the economy expected to grow by 6% in 2025, increasing to 6.1% in 2026 and 6.3% in 2027. State budget expenditure for 2025 is planned at 344,576 billion UZS ($27.02 billion), with 52% being allocated to social spending. The report provides detailed information on budget allocations by ministries and departments, their alignment with national sustainable development goals, and their impact on climate change. It also outlines how funds will be classified under development programs, ensuring transparency and adherence to Uzbekistan’s broader policy objectives.
4 days ago