June 4

Report: Poor Countries Need $1.4 Trillion Annually for Universal Social Protection: ILO

By Madhumita Paul

Universal social protection for low- and middle-income countries would require an additional $1.4 trillion per year, according to a working paper by the International Labour Organization (ILO). Among regions, Africa faces the most substantial challenge in achieving universal coverage for social protection.

The ILO document provided global, regional and country-level estimates of the financing gap to achieve universal social protection, including universal access to five key social protection guarantees (that is, for children, persons with severe disabilities, mothers of newborns, older persons and the unemployed) and essential health care.

Photo courtesy Annie Spratt.

Source: Down To Earth (link opens in a new window)

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