Development of the country and the announced future plans require, as a matter of urgency,
pursue a prudent financial policy, and in particular - to limit public spending. Seriousness of
the current situation and emerging problems, require decisive measures and it is worthwhile
to consider the possibility of attracting additional credit resources and donor assistance.
At first glance, the need to resort to such unpopular measures may be alarming, but given the
current still relatively low level of Uzbekistan's external debt (according to estimations for 2017,
it makes up 14.1% of the country's GDP
20
, while international experts and analysts consider
the external debt up to 60% of the country's GDP as acceptable), as well as a high economic
return on additional investments in education, this step can undoubtedly be justified.
Moreover, of course, Uzbekistan can count on expert support and targeted financing of pilot
projects in selected education subsectors at the expense of international donor funds attracted
by state and non-governmental organizations of the country. This would limit the budgetary
burden on investment in education.
The modern system of education in the context of lifelong learning, in addition to the above
mentioned aspects of economic efficiency, should fulfill an additional but integral function of
social justice - to provide equal access to quality education, giving priority to vulnerable
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