The President of Uzbekistan, Shavkat Mirziyoyev, addressed a session of the Legislative Chamber of the Oliy Majlis, where he stated that the poverty level in the country has decreased from 23% to 11% over the past four years. This year, a further reduction to 9% is anticipated.
The President also highlighted that Uzbekistan's economy has doubled, surpassing a historic milestone of 100 billion US dollars. It is expected that the per capita income will reach 3,000 dollars, compared to 1,600 dollars in 2018.
In particular, the World Bank has acknowledged that in 2024, Uzbekistan will be among the top three countries in Europe and Central Asia with the fastest economic growth.
Exports have nearly doubled, exceeding 25 billion dollars for the first time, and our gold and foreign currency reserves have surpassed 40 billion dollars. The volume of foreign investments utilized has increased sixfold, resulting in the creation of 1.5 million high-paying jobs. The share of investments in GDP has reached 30%.