A new World Bank Group report calls for countries in #SouthAsia to rethink social protection and move towards adaptive systems that better equip people, especially the poor and vulnerable, effectively manage risks and cope with shocks. Read more: http://wrld.bg/I4ZM50Sxpbq
the social security and medicare trust funds investments need to be returned in all Countries. social security can pay out $10,000 a month and $3m in everyone’s account for housing, etc. fix economies. back social security medicare and the treasury.
promotion of social stability, enhances human capital by ensuring access to essential services like healthcare and education, helps in economic growth by empowering individuals to contribute productively to society.
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Very helpful!
FIA Global applauds the The World Bank for this timely report on rethinking social protection programs in South Asia. By focusing on adaptive and inclusive programs, we can better support vulnerable populations and build more resilient communities. FIA Global's work in promoting financial inclusion aligns closely with the goals of expanding social protection. Our 'Financial Literacy for Rural Communities' program empowers individuals with the financial tools and knowledge to manage risks and shocks, contributing to a more robust social safety net. We believe that social protection programs can also act as a catalyst for economic growth. By providing a safety net, these programs encourage entrepreneurship and risk-taking, ultimately leading to job creation and poverty reduction. Follow FIA Global on LinkedIn for more insights on financial inclusion and social protection: https://linkedin.com/company/fiaglobal/