'Philippines must spend more for social protection'
BusinessMirror (14.02.2019) The Philippines needs to spend an average of 3.48 to 5.58 percent of its GDP to fill its social protection gaps up to 2030, according to estimates by the Asian Development Bank (ADB). In a report, titled “Asia’s Fiscal Challenge: Financing the Social Protection Agenda of the Sustainable Development Goals [SDGs],” the ADB said addressing the fiscal challenges in providing social protection is key to achieving Agenda 2030.