Quick key extracts from recent (post-Covid) IMF reports regarding social welfare. This should give a sense how the IMF views social welfare NOW and why we have space (and the urgent need) to expand welfare to deal with the #SriLankaEconomicCrisis and key #IMFNow reform
(1/7)
(1/7)
Zambia 2021
"Key elements of the authorities’ reform agenda aim to re-establish fiscal sustainability...towards GREATER INVESTMENT IN HEALTH AND EDUCATION AND THE DELIVERY OF MORE SOCIAL BENEFITS"
(2/7)
"Key elements of the authorities’ reform agenda aim to re-establish fiscal sustainability...towards GREATER INVESTMENT IN HEALTH AND EDUCATION AND THE DELIVERY OF MORE SOCIAL BENEFITS"
(2/7)
Lebanon 2022
"Lebanon’s economic program would need...TO INVEST IN CRITICALLY-NEEDED SOCIAL SPENDING TO SUPPORT THE PEOPLE OF LEBANON"
(3/7)
"Lebanon’s economic program would need...TO INVEST IN CRITICALLY-NEEDED SOCIAL SPENDING TO SUPPORT THE PEOPLE OF LEBANON"
(3/7)
Ecuador 2021
"The authorities should redouble efforts to reach families in the lowest income groups
...
providing greater access to quality education and health"
IMF had social safety net expansion as a condition too
(4/7)
"The authorities should redouble efforts to reach families in the lowest income groups
...
providing greater access to quality education and health"
IMF had social safety net expansion as a condition too
(4/7)
Argentina 2022
"MAKE ROOM FOR HIGHER SOCIAL AND INFRASTRUCTURE SPENDING as well as the higher formula-mandated pension outlays."
(5/7)
"MAKE ROOM FOR HIGHER SOCIAL AND INFRASTRUCTURE SPENDING as well as the higher formula-mandated pension outlays."
(5/7)
Suriname 2022
"increase the size of cash transfer"
IMF also criticizes the "the slippage of social safety net spending in 2021"
(6/7)
"increase the size of cash transfer"
IMF also criticizes the "the slippage of social safety net spending in 2021"
(6/7)
Sri Lanka 2022 (Article IV 2021)
"Social safety nets should be strengthened, by increasing spending, widening coverage, and
improving targeting"
The IMF's own report for SL asks for INCREASED spending and wider coverage.
#IMFNow #SriLankaEconomicCrisis
"Social safety nets should be strengthened, by increasing spending, widening coverage, and
improving targeting"
The IMF's own report for SL asks for INCREASED spending and wider coverage.
#IMFNow #SriLankaEconomicCrisis
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