The concept revolves around enhancing social support for families and creating opportunities for long-term investments in children's development.
A children's deposit account will allow for the accumulation of funds that will be accessible for use once the child reaches 18 years of age.
Parents, guardians, and sponsors will have the ability to contribute to the account, and the accumulated funds can be directed towards education expenses, housing solutions, or other lawful purposes.
The project's initiators emphasize that the introduction of children's deposits will not only provide a financial foundation for children but also foster an investment mindset among citizens. It is anticipated that this will reduce reliance on government assistance, encourage savings, and promote a culture of saving.
Additionally, the project offers long-term social benefits, such as alleviating the burden on the state budget and enhancing Uzbekistan's image as a social state. At the same time, deposit holders will be able to fulfill their constitutional obligations to care for their parents.
Meeting participants noted that the initiative aligns with the programmatic goals of the People's Democratic Party of Uzbekistan and the interests of its voters. The next step will be to present the project for discussion in the session.