TASHKENT, Uzbekistan, July 17. The total volume of Uzbekistan's capital investments amounted to 229 trillion soums ($18.1 billion) from January through June 2024, Trend reports.
The news followed a videoconference meeting dedicated to reviewing the work carried out in the first half of the year to ensure economic growth rates and the upcoming tasks chaired by President of Uzbekistan Shavkat Mirziyoyev.
Out of the total capital investments $15.5 billion were foreign investments.
Since the beginning of the year, 3,000 projects worth $3.5 billion have been launched, creating 76,000 high-income permanent jobs.
Moreover, Uzbekistan provided 82 trillion soums ($6.5 billion) in loans and 15.5 trillion soums ($1.2 billion) in subsidies for entrepreneurship, involving 600,000 people in business. Due to the provided benefits and privileges, 56.3 trillion soums ($4.4 billion) remained at the disposal of entrepreneurs.
Meanwhile, Uzbekistan's public debt amounted to $34.9 billion in 2023. This figure has increased by 19.5 percent year-on-year ($29.2 billion in 2022).
Domestic debt accounted for $5.3 billion in 2023, which is up by 60.6 percent compared to the previous year’s number ($3.3 billion). The foreign government debt reached $29.6 billion, showing an increase of 14.2 percent year-on-year ($25.9 billion in 2022).