3 June 12:36
Debt Burden of Individuals in Uzbekistan Exceeds 34% of IncomeDespite ongoing macroprudential measures, concerns persist in Uzbekistan regarding the rising debt burden on households, particularly in the microcredit sector. This is highlighted in the Central Bank’s 2024 Financial Stability Review.
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In 2024, the average debt burden of Uzbekistan’s population stood at 34% of monthly income, with 40% of total loans held by borrowers spending half their income on repayments—raising serious concerns over rising financial risks and loan defaults.
3 June 12:34
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3 June 12:34
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