He said that about US$2 billion of total investments fell to share of foreign direct investments.

The Uzbek official said that about 70% of investments were foreign direct investments and 25% were credits, including those attracted under the guarantees of the government.

Elyor Ganiev said there is no short-term, so called speculative credits, in the investment portfolio of Uzbekistan. In the result, the banking system of Uzbekistan is working stably and do not face liquidity crisis.

The Uzbek minister said that the external debt of Uzbekistan makes up 12% to GDP, which is minimal figure and ensures sustainable economic situation in the country.

Uzbekistan planned to utilize foreign investments at the volume of US$1.0118 billion on 77 investment projects. At the same time, US$325 million were credits attracted under the guarantee of the Uzbek government and US$692.7 million - foreign direct investments.