Abstract

The article describes the large-scale work performed to increase the population’s income, improve the quality of education and health services, and provide housing. It also refers to the decrees and resolutions adopted in the following years concerning the comprehensive development of the Republic of Karakalpakstan. The living standards and welfare of the population, in the author’s opinion, depend on a number of factors, including the population’s income, health care, education, working conditions, the level of housing, natural gas, water supply, and a favorable environment. All this is the main goal of social development. The issues of effective use of socio-economic and production investment potential of the Republic of Karakalpakstan, engineering and communication provision of the territory, improvement of social and production infrastructure, development of economic sectors in order to provide employment and improve the living standards of the population have been analyzed. The questions of production and investment potential of the Republic of Karakalpakstan, development of entrepreneurial activity and stimulation of production of highly competitive products with high added value, expansion of available financial services for entrepreneurs, creation of infrastructural conditions for providing employment and achieving a new level of economic and social development of the region are also considered.

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