Presidential Decree No. UP-5975 “On measures to radically update state policy in the field of economic development and poverty reduction.”

The President decrees to transform the Ministry of Economy and Industry into the Ministry of Economic Development and Poverty Reduction, defining its main tasks as follows: (a) developing human capital and increasing productivity, efficient distribution of production and financial resources, development and implementation of conceptual directions and tasks of economic development based on the formation of the necessary infrastructure; (b) assessing the impact of the measures and reforms foreseen in the strategy development of agriculture, to increase labor productivity, increase in production and processing of products, creation of jobs, as well as the development of relevant proposals; and (c) in the field of poverty reduction – (1) ensuring the inclusiveness of economic growth, development, implementation and coordination of poverty reduction strategies and programs in cooperation with government bodies, non-governmental and non-profit organizations, public organizations, international financial institutions and foreign government financial institutions; (2) development of specific tools and mechanisms to reduce poverty, development and implementation of criteria for determining the level of poverty and methodology for its assessment, minimum standards and regulatory frameworks of social security, taking into account foreign experience; and (3) implementation jointly with the Ministry of Employment and Labor Relations of the Republic of Uzbekistan of mutually agreed work on qualitative development of the labor market and its structure, analysis and improvement of labor migration processes and distribution of labor resources.