Uzbekistan wants to cut poverty level to 7% in three years from current 11%, it was said at the presentation to president Shavkat Mirziyoyev. In 2020, poverty level was estimated at 17%.
Minimum expenditure basket in Uzbekistan, also used to determine the poverty line, has risen by 4.3%, from 621,000 soums to 648,000 soums (from $49 to $51) per month. This adjustment, the second this year, reflects the upcoming increase in gas and electricity tariffs from 1 May.
National statistical system of Uzbekistan aims to adopt UN principles of the National Quality Assurance Framework by the end of 2024. The Statistics Agency was directed to annually generate and publish indicators of minimum consumer expenditures and poverty level.
Minimum monthly expenditure basket in Uzbekistan has been raised by 9.3%, from 568,000 to 621,000 soums (from $45.78 to $50.05). This indicator is used to determine the poverty line in the country and considers the inflation rate.
A poverty reduction programme based on China’s experience (with improved road and other infrastructure) is being implemented in 14 districts of Uzbekistan, including the Chilanzar district of Tashkent. Starting next year, the programme could cover the whole country.
President Shavkat Mirziyoyev announced a new $1 billion programme “20,000 entrepreneurs — 500,000 qualified specialists”. The programme will provide entrepreneurs who train and employ poor citizens with loans, tax and customs preferences, infrastructure and land. The programme will start on June 1.
President unveiled measures to reduce poverty and unemployment, such as signing contracts with businesses to train workers, providing preferential access to infrastructure and credit, implementing a new program based on China’s experience, and revising the procedure for granting loans and subsidies.
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