PUBLIC EXTERNAL DEBT IN UZBEKISTAN: ISSUES OF STABILITY AND ECONOMIC SECURITY

Abstract

This article analyzes the impact of public external debt on economic security and the issues of its sustainable management in the Republic of Uzbekistan. The study highlights the role of external debt as an investment source that supports economic growth, as well as the macroeconomic risks associated with a rising debt burden. The structure of external debt, formed with international financial institutions, foreign governments, and investors, along with its ratio to GDP and its stability indicators, are evaluated based on international standards. The results show that the rational and effective management of external debt is crucial for ensuring economic stability and substantiate the need to improve the public debt management strategy.