Umid Aliev: The minimum consumer spending will allow measuring | Review.uz/en - Economic Review
Umid Aliev: The minimum consumer spending will allow measuring poverty within certain groups, for example, children
The social policy advisor of the #UNICEF representative office in the Republic of Uzbekistan, commented on the determination of the cost of the minimum consumer spending #MCS in Uzbekistan:
-Today 1/3 of the population of Uzbekistan is children and youth, and in 2030-2050 the country will have a historic opportunity to receive a demographic dividend.
Introduction of a national poverty line allows measuring wellbeing of people in Uzbekistan while reflecting peculiarities of the lifestyle in the country.
Regular monitoring of poverty boosts effectiveness and efficiency of poverty reduction programs.
The indicator also serves as a benchmark in establishing levels of social benefits.
UNICEF is ready to provide full assistance to reduce the poverty among children.
UNICEF research indicates that child poverty is of the main obstacles to human capital development.
Being stunted is a main sign of child undernourishment, which is usually caused by poverty.
As research findings show income of people who suffered from being stunted in childhood is on average 26% lower than for those who did not have such problems.
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