Happy new year! We wish our community of social protection practitioners and advocates a fruitful year. To kick off 2018, we are show-casing social protection content that highlights challenges and approaches to financing social protection.
The feasibility and logistics of financing social protection programmes, with the ambition of establishing social protection floors with universal coverage, is a priority issue among government officials and international development agencies, globally. Fostering domestic political will and mobilising the support of international donors has been recognised as crucial for the realisation of sound, sustainable and effective social protection systems.
Effectively executed social protection policies and programmes have the capacity to positively impact human capital accumulation and poverty reduction, thereby serving as a key enabler of inclusive economic growth at large. Financing options include increasing tax revenues; expanding social security coverage and contributory revenues; lobbying for increased aid; borrowing or restructuring debt; and redirecting existing resources. We invite you to explore these and more approaches in this month's newsletter!
Read this document on the evolution of coverage and investment in conditional cash transfer (CCT) programmes. It provides data on budgets, expenditure, coverage and transfer amounts of each CCT programme.
This event at the 2018 World Bank Group-IMF Spring Meetings, aims to shape a collective agenda on sustainable financing for universal health coverage (UHC) and provide a platform to advance knowledge and its application.