Uzbekistan’s Ministry of Economy and Finance reported that its extrabudgetary Pension Fund signed a cooperation memorandum with Kazakhstan’s Unified Accumulative Pension Fund and approved a cooperation action plan with Azerbaijan’s State Social Protection Fund. The arrangements were agreed at an international conference in Samarkand focused on pension sustainability amid demographic change and digital transformation. Discussions examined how demographic shifts and labor market trends affect pension systems, emphasizing demographic forecasting and planning over the medium and long term. Participants also considered preparations for socioeconomic changes over the next five to 10 years and approaches to evaluating the effectiveness of social security decisions. Digital technologies and artificial intelligence were discussed as tools for demographic forecasting, analysis of social trends and pension administration, alongside the limitations and risks associated with introducing digital solutions.
Uzbekistan’s Ministry of Economy and Finance reports pension cooperation agreements with Kazakhstan and Azerbaijan
Uzbekistan’s Ministry of Economy and Finance reported that its Pension Fund signed a memorandum with Kazakhstan’s Unified Accumulative Pension Fund and approved a cooperation action plan with Azerbaijan’s State Social Protection Fund. The agreements accompanied conference discussions in Samarkand on demographic forecasting, pension planning and the opportunities and risks of digital technologies and artificial intelligence.