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American Journal of Business and Operations Research

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Online: 2692-2967 Print: 2770-0216
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American Journal of Business and Operations Research
Full Length Article

Volume 12Issue 1PP: 52-59 • 2025

Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan

Akhmedova Dilafruz Muratovna 1*
1Tashkent State University of Economics, Uzbekistan
* Corresponding Author.
Received: June 14, 2024 Revised: September 25, 2024 Accepted: December 10, 2024

Abstract

This article examines the theoretical aspects of the external debt of the Republic of Uzbekistan. The study analyzed the dynamics of the state external debt of the Republic of Uzbekistan, its structure and creditors and the distribution of external debt by industry. The article also examines the reasons for the increase in public debt and develops strategies for further reducing the state external debt

Keywords

Public debt External debt Internal debt External debt management State budget

References

[1] Alexey Daineko “Formation of the external debt management system of the Republic of Belarus” Bankauski vestnik, STUDZEN 2011.

[2] Barro R. On the Determination of the Public Debt. Journal of the Political Economy. - 1979. - Vol. 87. - No. 5.

[3] Carmen M. Reinhart, Kenneth S. Rogoff. This Time Will Be Different: Eight Centuries of Financial Folly. Moscow: Career Press, 2011. 528 p.

[4] Fisher I. the Debt-Deflation Theory of Great Depressions - Econometrica. - 1933. - No. 1(4), pp. 337-357.

[5] Keynes J.M. The General Theory of Employment, Interest and Money. - M.: Helios ARV, 1999.

[6] Krugman Paul R., Obstfeld Maurice. International Economics (Theory and Policy). Moscow: PTER, 2003.

[7] Law of the Republic of Uzbekistan “On public debt” dated 04/29/2023 no. ЗРУ-836.

[8] Leroy-Beaulieu//Collection of state knowledge/edited by V.P. Bezobrazov. St. Petersburg, 1874. P.98

[9] Mill J. St. Foundations of Political Economy. - M.: Progress, 1980. - V. 2.

[10] Smith A. “An Inquiry into the Nature and Causes of the Wealth of Nations”. - M.: Nauka, 1993.

[11] Website Ministry of Economy and Finance of the Republic of Uzbekistan https://www.imv.uz.

[12] Muhammad Eid BALBAA and Marina Sagatovna ABDURASHIDOVA, 2023. Digitalization processes in the energy complex of Uzbekistan. EPRA International Journal of Economics, Business and Management Studies (EBMS). Vol 10, Issue 3, p 91. DOI: https://doi.org/10.36713/epra12767

[13] Abdurashidova Marina Sagatovna and Muhammad Eid Balbaa. 2022. Digital Transformation of the Industrial Sector: The Case of Uzbekistan Economy. In The 6th International Conference on Future Networks & Distributed Systems (ICFNDS ’22), December 15, 2022, Tashkent, TAS, Uzbekistan. ACM, New York, NY, USA, 7 pages. https://doi.org/10.1145/3584202.3584222

[14] Abdurashidova, M., Balbaa, M., Nematov, S., Mukhiddinov, Z. & Nasriddinov, I. (2023). The impact of innovation and digitalization on the quality of higher education: A study of selected universities in Uzbekistan. Journal of Intelligent Systems, 32(1), 20230070. https://doi.org/10.1515/jisys-2023-0070

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Muratovna, Akhmedova Dilafruz. "Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan." American Journal of Business and Operations Research, vol. Volume 12, no. Issue 1, 2025, pp. 52-59. DOI: https://doi.org/10.54216/AJBOR.120105
Muratovna, A. (2025). Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan. American Journal of Business and Operations Research, Volume 12(Issue 1), 52-59. DOI: https://doi.org/10.54216/AJBOR.120105
Muratovna, Akhmedova Dilafruz. "Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan." American Journal of Business and Operations Research Volume 12, no. Issue 1 (2025): 52-59. DOI: https://doi.org/10.54216/AJBOR.120105
Muratovna, A. (2025) 'Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan', American Journal of Business and Operations Research, Volume 12(Issue 1), pp. 52-59. DOI: https://doi.org/10.54216/AJBOR.120105
Muratovna A. Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan. American Journal of Business and Operations Research. 2025;Volume 12(Issue 1):52-59. DOI: https://doi.org/10.54216/AJBOR.120105
A. Muratovna, "Analysis of the Dynamics of the State External Debt of the Republic of Uzbekistan," American Journal of Business and Operations Research, vol. Volume 12, no. Issue 1, pp. 52-59, 2025. DOI: https://doi.org/10.54216/AJBOR.120105
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