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Pathway to Prosperity: Uzbekistan’s Ambitious Plan to Halve Poverty by 2030

A presidential decree, "On taking measures to reduce poverty and increase the population's well-being to a new level," has been adopted in Uzbekistan. Lifting half a million people out of poverty in the remainder of 2024 and a further million in 2025 was defined as the primary task of the state's socioeconomic policy and state bodies and organizations at all levels. The “From Poverty to Prosperity” program will be implemented based on the positive results of poverty reduction from past national experiences and international practices. The program will be implemented from November 1, 2024, based on the doctrine of “Seven Opportunities and Responsibilities for Poor Families.” Within the framework of this program, systematic work is carried out to achieve stable employment and higher incomes, education and vocational training, access to the use guaranteed state medical services, social services, and an overall improvement in living conditions. The “Uzbekistan – 2030” strategy also includes steps to reduce poverty in the country. It was stated that the Ministry of Poverty Reduction and Employment in Uzbekistan will work with Chinese experts and international organizations to develop a strategy for reducing poverty from 2024 to 2030. This will aim to halve poverty by 2026, raise the income of 4.5 million people at risk of falling into poverty by 2030, and lift three million young people out of poverty by utilizing their labor skills. According to data, at the end of 2020, approximately six million people in Uzbekistan lived below the poverty line. While evaluating the results of the transformation programs aimed at solving the problems of poverty, it was noted that in 2023, the poverty rate in Uzbekistan decreased from 17% to 11%, meaning such programs have already helped lift almost two million people out of poverty. It is planned that the poverty level in Uzbekistan will be reduced to 7% in the next three years. This work to reduce poverty has been lauded at the international level. Dr. Ambar Narayan, Manager of the Global Poverty and Equality practice of the World Bank in Europe and Central Asia, for example, has recognized that large-scale work on poverty reduction has been carried out in Uzbekistan since 2020. Naravan believes that prioritizing investment in economic mobility and developing opportunities for vulnerable sections of the population, including youth, women, and inexperienced workers, will help create more productive jobs and reduce hardship. Geoffrey Ijumba, acting head of the UNICEF office in Uzbekistan, has also praised Uzbekistan’s efforts to develop a nationwide action plan to end child poverty. “Prioritizing the problem of child poverty, as well as the development of appropriate measures and programs, will allow Uzbekistan to achieve its goals of reducing poverty, as stated in the ‘Uzbekistan – 2030’ strategy. It will also help achieve the MDG (Millennium Development Goal) targets of ending child extreme poverty and halving it according to the national definition,” Ijumba stated. Global Finance published a list of the poorest countries in the world in 2024 based on the International Monetary Fund's data. Kazakhstan...

Central Asia International Affairs Kyrgyzstan Kyrgyzstan International Affairs Business & Economy Kyrgyzstan Business & Economy

Kyrgyzstan Expands Banking Cooperation with China

The Chairman of the People's Bank of China, Zhang Qingsong, has met with the heads of key ministries in Kyrgyzstan. The parties discussed connecting the National Bank of the Kyrgyz Republic to the Chinese cross-border interbank payment system. Kyrgyzstan's Minister of Finance Almaz Baketaev emphasized the country's interest in using the Chinese payment system and in cooperating with the Bank of China. Currently, only two Kyrgyz commercial banks have correspondent relations with the organization. In addition, the Kyrgyz authorities offered Chinese colleagues the opportunity to invest in securities in Kyrgyzstan, which are placed on the local stock exchange. For this purpose, the country is ready to realize the issue of securities in yuan, but only with guarantees from China. “The Kyrgyz side raised questions about providing guarantees from Chinese financial institutions for the successful placement of securities, as well as the conclusion of an agreement on mutual settlements between the National Bank of the Kyrgyz Republic and the People's Bank of China,” the Ministry of Finance said. According to the National Statistical Committee of Kyrgyzstan, trade turnover between the two countries amounted to about $11 billion for the first six months of 2024, increasing by 40% over last year. At the end of 2023, the figure reached $20 billion.

Central Asia Uzbekistan International Affairs Business & Economy Uzbekistan Business & Economy Uzbekistan International Affairs

China to Construct Solar Plant in Uzbekistan

The Chinese company China Datang is building a solar photovoltaic power plant in the Boka district of Tashkent region. Construction began on September 21. The 263-megawatt project is expected to cost $150 million to complete, and use 621 hectares of land. It was previously reported that China will invest 1 billion dollars in an enterprise processing the hides and organs of domestic animals in the Andijan region of Uzbekistan. In June this year, the UN General Assembly unanimously adopted the resolution “International Day of Dialogue among Civilizations,” developed by the China and Uzbekistan. The resolution's primary goal is to raise awareness about the value of civilizations' diversity and to develop communication, mutual respect, and global solidarity.

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Navigating Challenges: The ICG Reports on Taliban Drug Ban and Its Global Implications

The International Crisis Group, an NGO focused on analyzing conflicts, has reported that “After the Taliban's severe restrictions on women's rights made the regime odious to much of the outside world, the narcotics ban offers a rare opportunity to work with the new authorities on a pressing issue for the benefit of all sides.” Drugs from Afghanistan are a universal problem affecting all regions of the world except for Latin America, with Central Asia remaining one of the main routes for Afghan drugs on their way to Russia and Europe. The so-called “Northern Route” passes through Tajikistan and Uzbekistan, then to Kyrgyzstan and Kazakhstan before reaching the Russian and European markets. Turkmenistan also plays an important role as a transit country for drugs, but on the “Balkan route.” The drug threat from Afghanistan to the five Central Asian republics is not simply a political narrative used by the governments of these republics for their own political purposes. There is a risk of political instability, criminality, corruption, social degradation, and damage to human health as a result of drug trafficking from Afghanistan. Additionally, the elimination of Afghan drug production and trafficking is a key issue in the fight against terrorism, primarily against the Islamic State, as drugs are one of the main sources of income for these groups. In April 2022, hopes for a resolution to this problem appeared following the ban on opium poppy cultivation imposed by the Taliban. Papaver somniferum, commonly known as the opium poppy, has been cultivated in Afghanistan since at least the early twentieth century. The history of opium production is detailed in the Global Illicit Drug Trends report by the United Nations Office on Drugs and Crime (UNODC). Besides the history of opium production, the report provides an overview of measures taken by states in their attempts to regulate and control the drug. Opium began to dominate world drug markets in the early 1980s, after the “April Revolution” and the Soviet invasion of Afghanistan, when the state began to lose control of rural areas, and agriculture itself began to decline. As the UNODC points out, by 1989, opium production was firmly established as the country's main source of income - Afghanistan had become a narco-state. The civil war continued, and the opium economy became firmly entrenched in the country during the 1990s. The first fall of the Taliban in 2001 and the formation of a republican government failed to change the situation due to the newly formed state still having no control over the regions. As a result, its counter-narcotics measures were not effective. It should be noted that only the Taliban managed to reduce drug production. According to the UN, since the Taliban's 2023 ban, opium crops in Afghanistan have declined by 95%, and opium prices have reached record levels. However, many experts wonder if Afghanistan will be able to continue with its chosen policy. Can the new Afghan authorities alone continue to confront the drug threat, and what should be the role of...

Central Asia Uzbekistan International Affairs Uzbekistan Business & Economy Business & Economy Uzbekistan International Affairs

Uzbekistan Ratifies International Labor Organization Convention

On September 21 a meeting of the Uzbek Senate passed the new law “On the ratification of the International Labor Organization Convention No. 155 on Occupational Safety and Hygiene and the Working Environment”. The Convention was adopted in Geneva in 1981, and among other Eurasian countries has also been ratified by Russia, Belarus, Ukraine, Tajikistan, Kazakhstan, and Azerbaijan. Senators noted that it is appropriate to ratify this convention, taking into account the development of cooperation between Uzbekistan and the International Labor Organization and the fact that the national labor legislation meets international labor standards. As noted, the convention's ratification will improve national labor laws, enhance safety and hygiene standards per international guidelines, and help prevent workplace accidents. The International Labor Organization has been criticizing the use of forced labor in cotton plantations in Turkmenistan for a long time.

Central Asia Tajikistan International Affairs Uzbekistan Tajikistan Business Economy International Affairs Tajikistan Business & Economy Uzbekistan Business & Economy Uzbekistan International Affairs

Tajikistan Continues Electricity Supply to Uzbekistan and Afghanistan

It is being reported that Tajikistan delivered more than $82.3 million worth of electricity to neighboring countries from January to August of this year. The export of electricity is $2.8 million (3.3%) less than in the same period of 2023. During this period, Tajikistan's electricity production amounted to about 15.4 billion kilowatt-hours, of which about 1 billion kilowatt-hours (6.5% of the total production) were exported. More than 80% of electricity exports go to Afghanistan, and the remaining 20% to Uzbekistan. Tajikistan signed an agreement on the export of electricity for 2024 with these two countries. Electricity exports to Uzbekistan are carried out only in the summer, and supplies to Afghanistan will continue in the autumn-winter season, but in small volumes — “exclusively for the preservation of infrastructure.” For information, a memorandum of understanding has been signed between Tajikistan and Kazakhstan, providing electricity supply produced by the Rogun hydropower plant until 2032. Agreements on the supply of electricity to Kazakhstan and Uzbekistan are one condition for external financing of the Rogun project. The Times of Central Asia has reported that when the Rogun hydropower plant in Tajikistan reaches full capacity, about 70% of the electricity produced will be exported to other Central Asian countries.