Public debt, poverty and economic growth of Uzbekistan

Mirzamakhmudov Marufjan Mahamadsharif Ugli

GREEN ECONOMY AND DEVELOPMENT, 2023, vol. 1, issue 6

Abstract: To achieve the goals of sustainable development, recovery from the pandemic and mitigate its adverse effects onthe national economy (avoiding a recession), it is important to ensure reliable sources of financing. The expansionary fiscalpolicy pursued by the government plays a critical role in this endeavor, spurring the growth of the private sector. Hence,this article examines the impact of the government’s expansionary fiscal policy and subsequent increase in public debt onthe economy. The study resulted in recommendations for optimizing the structure of public debt in order to reduce poverty.

Keywords: external debt; economic growth; state guarantee; governance; public-private partnership agreements. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:1:y:2023:i:6:id:581

DOI: 10.55439/GED/vol1_iss6/a581

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