The 3rd International Poverty Reduction Forum \u201cRoad to Prosperity\u201d began its work in the city of Namangan. President of the Republic of Uzbekistan Shavkat Mirziyoyev took part in the opening ceremony and delivered a speech, UzA reports.
\nThe Head of State noted that against the backdrop of geopolitical, economic, and social instability in the world, as well as the consequences of climate change, the pace of global economic growth has slowed, which in turn has led to an increase in the number of low-income people. These realities present new, urgent challenges for states, international organizations, and the global community as a whole.
\nDuring such a difficult period, the fight against poverty in Uzbekistan has been elevated to the level of state policy. All efforts are aimed at ensuring that every individual \u2013 especially youth and women \u2013 can fully realize their potential. The renewed Constitution stipulates that pensions, benefits, and social assistance cannot be lower than the minimum consumer spending level.
\nThanks to consistent reforms, 7.5 million people have been lifted out of poverty, and in 2024, the poverty rate was reduced to 8.9 percent. The goal has been set to lower this figure to 6 percent by the end of the year. A key factor was the doubling of the economy. By the end of the year, per capita income is expected to reach $3,500.
\nBased on the piloting of new initiatives and the study of advanced international practices, the New Uzbekistan model for poverty reduction has been developed. Targeted social registries have been introduced, and during the pandemic, a total of $8 billion was allocated for free medicines and social benefits. This made it possible to prevent 5.2 million citizens from falling into the \u201cpoverty trap\u201d and to avert an economic recession.
\nA system of work at the mahalla \u2013 the grassroots level \u2013 has been implemented. Individual work is carried out with each family, and the necessary resources are provided to increase incomes. Every year, $2.5-3 billion is allocated toward improving mahallas, enhancing people\u2019s living conditions, and developing entrepreneurial infrastructure.
\nTo increase rural incomes, 235,000 hectares of land previously allocated for cotton and grain have been reduced, and citizens were granted plots of 30-50 acres. This has become a crucial step in increasing the incomes of 800,000 people.
\n\u201cThanks to such large-scale efforts, Uzbekistan is striving to fulfill ahead of schedule its commitment to halve poverty by 2030. Moreover, today we are ready to set an even higher benchmark: by 2030, according to international criteria, Uzbekistan has every opportunity to eradicate absolute poverty \u2013 and we will certainly achieve this\u201d, the President emphasized.
\nThe \u201cRoad to Prosperity\u201d program, consisting of seven priorities, is being implemented.
\nIn this regard, a conference will be held in Khiva in 2026, with participation from international financial institutions, donor organizations, and partner countries.
\nThe forum was attended by the President of the Islamic Development Bank, Muhammad Al Jasser, Vice-President of the Asian Development Bank, Yingming Yang, Senior Vice President of JICA, Sachiko Imoto, the Special Representative of the Secretary-General and Head of the United Nations Regional Centre for Preventive Diplomacy for Central Asia, Kaha Imnadze, the Director for Poverty Global Department at the World Bank, Luis Felipe L\u00f3pez-Calva, as well as around 200 international experts.
\nThe sessions focused on innovative approaches to key topics, including aligning measures with market demand, opportunities in Islamic finance, business inclusivity, and investment in human capital. The forum will conclude its work on September 18. Recall that poverty declines as Kazakhstan moves to upper-middle-income status.<\/p>\n","protected":false},"excerpt":{"rendered":"
The 3rd International Poverty Reduction Forum \u201cRoad to Prosperity\u201d began its work in the city of Namangan. President of the Republic of Uzbekistan Shavkat Mirziyoyev took part in the opening ceremony and delivered a speech, UzA reports. The Head of State noted that against the backdrop of geopolitical, economic, and social instability in the world, …<\/p>\n","protected":false},"author":4,"featured_media":86953,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-86928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/86928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=86928"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/86928\/revisions"}],"predecessor-version":[{"id":86955,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/86928\/revisions\/86955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/86953"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=86928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=86928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=86928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}