developmentpathways.co.uk (2022) The report builds on our previous research with ITUC, showing the economic benefits of social protection by examining the different financing options that states have at their disposal in order to strengthen and extend their social protection systems. The study simulates the effects of different tax financing scenarios for social protection on household income, employment and overall GDP. We carried out computable general equilibrium analysis for Bangladesh, Colombia, Costa Rica, Georgia, Ghana, India, Rwanda and Serbia.
Asian Development Bank (April 2022) The brief discusses how an array of tax reforms over time, both in policy and administration, could allow more progressive structures and improved revenue performance. It notes that tax structures could be improved through broader tax bases, especially better inclusion of capital and self-employment income in personal income taxes, allowing more progressive personal income taxation. It also discusses stronger corporate taxation, increased use of property and wealth taxes, and better-designed value-added tax and excises.
unicef-irc.org (2022) Financing quality social services will require increased public investment and greater mobilization of both domestic and international resources in the post-COVID era. Currently, low- and middle-income countries invest, on average, just one third of their total government expenditure in social spending on education, health and social protection. However, the fiscal space to enhance social spending remains constrained in many parts of the world.
ilo.org (25.11.2021) This report is produced for the G20 Development Working Group by the International Labour Organization (ILO), the Organisation for Economic Cooperation and Development (OECD), and the World Bank. It demonstrates the key role that social protection has played in countries at all income levels in responding to the COVID-19 pandemic.
The World Bank Board of Executive Director approved today a $10 million Development Policy Operation (DPO) for São Tomé and Príncipe (STP) to support the government's response to the human and economic impact of the COVID-19 pandemic as well as economy-wide and sectoral reforms for a stronger, more resilient recovery.
The Government through the Ministry of Gender, Children and Social Protection (MGCSP) will begin cash transfer pilot Project to fifteen thousand households in rural Montserrado County. The total amount to be distributed according to the government is US$3.4 million. This initiative is led by the Ministry’s Social Cash Transfer (SCT) Program under the Liberia Social Safety Nets Project sponsored by Foreign Commonwealth & Development Office (FCDO) and the World Bank.
Some 24,000 vulnerable families in Mombasa will each get Sh4,000 monthly stipend enough to cover half of the monthly food and nutrition needs for a family of four under a new partnership between the national government and the World Food Programme. The cash-based support arrangement targets families in informal urban settlements that have lost income due to Covid-19. The cash and additional nutrition support for women and children will be provided for three months.
The Asian Development Bank (ADB) has approved a $73 million loan to improve social welfare support for the poor and vulnerable, especially women and children, to mitigate the socioeconomic impacts of the coronavirus disease (COVID-19) pandemic in Mongolia.
On Thursday 28 January 2021, the Coronathon offered medical consumables worth nearly 45 million CFA francs to the Centre for Operations of Response to Health Emergencies (CORUS). This donation is part of the fight against Covid-19 in view of the resurgence of the disease in Burkina.