This paper formulates a comprehensive pension fund framework for enhancing system capacity to manage economic and social risks. The National Social Protection Fund (NSPF) attempts to quantify informal sector, incorporated under a unified national protection scheme. The new protection mechanism consists of two sub funds: the National Integral Social Security Fund (NISSF) and the National Education Fund (NEF).
The Philippine Development Plan (PDP) 2017-2022 is the first medium-term plan anchored on this national longterm vision. It seeks to lay a stronger foundation for more inclusive growth, a high-trust and resilient society, and a globally competitive knowledge economy. These priorities were guided by the 0-10 Point Socio-Economic Agenda, the regional consultations conducted by the various planning committees, and the social development summits that culminated in the 20@22 Agenda: Malasakit at Pagbabago.
More than 7,000 people from 92 communities in eight districts in the Upper East Region have received the total of GHC 6.5 million as grant to undertake micro-enterprise activities. This was after the beneficiaries had undergone business management and vocational skills training under a project dubbed: “Supporting Rural Income Generation of the poorest in the Upper East Region”.
The World Bank’s Board of Executive Directors approved a US$400 million loan today to help enhance the impact and efficiency of the consolidated poverty reduction program of China’s Guangxi Zhuang Autonomous Region. This is the first Program-for-Results (PforR) operation in support of rural poverty reduction in China that links loan disbursements with results achieved on the ground. It is also a multi-sectoral operation that addresses agriculture, education, rural infrastructure, public financial management, and poverty monitoring systems.
Kazakh Vice Minister of Labour and Social Protection Nurzhan Altayev held an open lecture at Nur Otan Party headquarters dedicated to the country’s nationwide mass entrepreneurship programme.The unemployed, self-employed, small business entities and members of agricultural cooperatives are eligible to apply for the programme. To receive a loan, individuals can contact local employment centres, branches of the Atameken National Chamber of Entrepreneurs or the akimats (administrations) of their rural districts.
To test whether child care obligations limit African women from engaging in paid work, we conducted a randomized study which provided subsidized early child care (ECC) to selected mothers living in a slum area of Nairobi, Kenya. We found that not only are mothers eager to send their children to ECC centers, but also that women who were given subsidized ECC were, on average, 8.5 percentage points (or over 17%) more likely than those who were not to be employed. This effect rose to over 20 percentage points among women who actually used the ECC services.
A US$200 million emergency package to provide social support and employment for communities devastated in Iraq’s ongoing armed conflicts has been agreed by the World Bank.
The Emergency Social Stabilization and Resilience Project (ESSRP) aims to improve the livelihoods of more than a million households in areas liberated from ISIS forces. The programme will be administered by the Iraqi government to tie in with its existing Iraq Social Protection Strategic Roadmap.
The World Bank Group approved today the Emergency Social Stabilization and Resilience Project (ESSRP), a US$200 million project that aims to improve the livelihoods of over one million Iraqi in liberated areas through the provision of cash, short-term employment, and other means of social support, namely to the most vulnerable.