TASHKENT, Uzbekistan, December 26. Uzbekistan’s
international standing and prestige, as well as its positions in
global rankings, continue to strengthen consistently, said
President Shavkat Mirziyoyev during his address to the Oliy Majlis
and the multinational people of Uzbekistan, Trend reports.
“In particular, leading international rating agencies have
upgraded the country’s sovereign credit rating from ‘BB-’ to ‘BB,’”
the head of state noted.
According to President Mirziyoyev, this singular enhancement
manifests a quantifiable economic effect, precipitating a decrement
in foreign borrowing interest rates by 1–1.5 percentage points and
empowering the nation to curtail annual external debt servicing
expenditures by $250–300 million.
“In addition, Uzbekistan has climbed 71 positions in the
Government Technology Maturity Index published by the World Bank,
entering the top 10 countries globally,” the president
emphasized.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel
