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Mongolia: ADB approves $73m loan to improve social welfare support

Submitted by cambrosio on

devdiscourse.com (23.03.2021)

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.

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mongolia
Global challenges
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Social assistance
Cash transfers
Financing
COVID-19
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Brazil's lower house approves bill allowing renewal of pandemic aid to poor families

Submitted by pmassetti on

Reuters (11.03.2021) - Brazil’s lower house of Congress approved the basic text of a bill on Thursday that revives a federal cash transfer program to help millions of poor families whose incomes have been hit by the COVID-19 pandemic. The measure will allow emergency stipends totaling up to 44 billion reais ($7.96 billion) to be paid to low-income Brazilians over the next four months, with recipients expected to get an average of 250 reais per month.

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brazil
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Cash transfers

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In South Korea, Universal Basic Income is Having a Pandemic Moment

Submitted by pmassetti on

Voice of America (09.03.2021) Gyeonggi Province has  sent cash to all its residents during the coronavirus pandemic — on top of the stimulus payments the central government has given South Koreans.  

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korea, Republic of
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Cash transfers
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Child benefits in the US — For children here, there, and everywhere

Submitted by pmassetti on

Development Pathways (11.03.2021) As part of recent COVID-19-related legislation, the US Government has committed to provide a quasi-universal child benefit (an affluence-tested “qUCB”) – a monthly child cash benefit where, like in Iceland, only the very wealthiest families will not receive the full amount. This child benefit – which transforms the existing Child Tax Credit (CTC) to pay up to USD 300 per month per child under 6, and USD 250 per child aged 6 to 17 – is likely to have a positive impact far beyond the family budget.

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United States
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Family benefits
Children

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The Fight Is On to Define the Pandemic Aid Bill - The New York Times

Submitted by pmassetti on

Buying insurance through the government program known as COBRA would temporarily become a lot cheaper. COBRA, for the Consolidated Omnibus Budget Reconciliation Act, generally lets someone who loses a job buy coverage via the former employer. But it’s expensive: Under normal circumstances, a person may have to pay at least 102 percent of the cost of the premium. Under the relief bill, the government would pay the entire COBRA premium from April 1 through Sept. 30. A person who qualified for new, employer-based health insurance someplace else before Sept.

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United States
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Health insurance

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US: Biden plan a "powerful change" for poor US children

Submitted by pmassetti on

AFP (11.03.2021)  With the massive $1.9 trillion US stimulus plan approved by Congress on Wednesday, President Joe Biden is marking a dramatic shift in US social policy, with the goal of cutting child poverty in half. "The American Rescue Plan represents a powerful change in social policy in the United States," said Olivia Golden, executive director of the Center for Law and Social Policy. After the economy sustained deep damage from the Covid-19 pandemic, the rescue package aims to boost US growth this year, with some economists predicting an expansion of as much as seven percent.

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United States
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Family benefits

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House Approves Biden Stimulus Bill - The New York Times

Submitted by pmassetti on

US Stimulus Bill:  The stimulus payments would be $1,400 for most recipients. Those who are eligible would also receive an identical payment for each of their children. To qualify for the full $1,400, a single person would need an adjusted gross income of $75,000 or below. For heads of household, adjusted gross income would need to be $112,500 or below, and for married couples filing jointly that number would need to be $150,000 or below.

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United States
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Cash transfers

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How the $1.9 trillion U.S. stimulus package compares to other countries’ covid spending

Submitted by pmassetti on

The Washington Post (10.03.2021) President Biden’s $1.9 trillion coronavirus relief package, which the House passed Wednesday and Biden is expected to sign this week, is mammoth in scope — a number so large it can be hard to conceptualize in concrete terms. But amid a pandemic that has wrought severe economic damage around the world, many governments have made dramatic spending pledges.

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United States

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Hard hit by COVID-19, migrants seen facing "invisible wall"

Submitted by pmassetti on

reuters.com (09.03.2021) From Australia to Egypt, migrants and refugees have been especially hard hit by job losses and economic pain during the coronavirus pandemic, with many struggling to access healthcare and state aid, a survey showed on Tuesday. The survey, published in a report by the Red Cross Red Crescent (RCRC) Global Migration Lab

Global challenges
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COVID-19

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