THE IMPACT AND SPECIFIC FEATURES OF INTERNATIONAL FINANCIAL INSTITUTIONS (IMF, WORLD BANK) ON PUBLIC DEBT POLICY
DOI:
https://doi.org/10.5281/zenodo.17447287Keywords:
Public debt, International Monetary Fund (IMF), World Bank, fiscal policy, macroeconomic stability, external financing, conditional loans.Abstract
The article analyzes the influence of international financial institutions, particularly the International Monetary Fund (IMF) and the World Bank, on public debt policy. It examines their impact on public finance through lending policies, macroeconomic monitoring, technical assistance, and policy recommendations. Additionally, using Uzbekistan as a case study, the article explores the debt approach and financial conditions imposed by these institutions and assesses their effect on macroeconomic stability.
References
International Monetary Fund. (2023). Public Debt Management Frameworks. Washington, D.C.
World Bank. (2023). Debt Sustainability Analysis in Emerging Markets. Washington, D.C.
Central Bank of the Republic of Uzbekistan. Data Reports (2020–2024).
Sharipov, A. (2022). Public Debt and Financial Stability Challenges. – Tashkent: Economics Publishing.
Karimova, D. (2021). “International Financial Institutions and Their Impact on Economic Policy” // Economics and
Finance Journal, No. 4.