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"Safety margin": why the size of Uzbekistan's external debt is not scary. Expert opinion CERR

Khalilulloh Khamidov, chief researcher at the Center for Economic Research and Reforms discussed the increased size of Uzbekistan's external debt is and why we should not worry about that.
Globally, increased government spending due to the coronavirus pandemic reduced GDP and lower tax revenues are pushing governments to borrow heavily as they seek to counter the pandemic. Like most countries in the world, Uzbekistan was forced in 2020 to borrow funds from external sources in order to combat the coronavirus pandemic. Thus, at the end of 9 months of... ...

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