📄 Abstract
This study explores optimal public debt management in Uzbekistan by integrating global benchmarks with local economic conditions. Using a modified debt sustainability framework and Quadratic functional model regression analysis of Uzbekistan data (2010?2022), we identify a growth-maximizing debt threshold of 58% of GDP?with a 2% fiscal buffer?to balance infrastructure financing with fiscal stability. Stress tests indicate that exceeding this level can destabilize debt dynamics under adverse shocks. Recommendations include formalizing a 58% debt ceiling, diversifying funding sources, hedging currency risk, and strengthening domestic capital markets.
🏷️ Keywords
📚 How to Cite:
Fayzullokh Sattoriy , OPTIMAL PUBLIC DEBT MANAGEMENT IN UZBEKISTAN , Volume 13 , Issue 2, february 2025, International Journal of Southern Economic Light (JSEL) ,