51 percent of Uzbekistan's population spends more than half of their income on repaying debts

In Uzbekistan, residents with bank and non-bank debt obligations are spending an average of 51 percent of their income on repaying debts. According to a survey conducted by the Central Bank, 5,800 Uzbekistan citizens participated. 61 percent of the respondents stated that they are facing difficulties in repaying their debts on time. This situation could lead to serious problems in the country's economy. Such residents are also forced to take additional measures to cope with the financial burdens arising from borrowing.