stdClass Object ( [id] => 15002 [paper_index] => 202502-08-020084 [title] => OPTIMAL PUBLIC DEBT MANAGEMENT IN UZBEKISTAN [description] => [author] => Fayzullokh Sattoriy [googlescholar] => [doi] => [year] => 2025 [month] => February [volume] => 13 [issue] => 2 [file] => fm/jpanel/upload/2025/February/202502-08-020084.pdf [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] => Public Debt Management, Debt-to-GDP, Fiscal Buffer, Currency Risk, Debt Sustainability. [doj] => 2025-02-06 [hit] => [status] => [award_status] => P [orderr] => 1 [journal_id] => 8 [googlesearch_link] => [edit_on] => [is_status] => 1 [journalname] => International Journal of Southern Economic Light (JSEL) [short_code] => IJHE [eissn] => 2277-5692 [pissn] => [home_page_wrapper] => images/products_image/9.JSEL H.png ) Error fetching PDF file.