Ebook: Financing Social Protection : Domestic and external options in low-income countries

Even if all countries maximised
their domestic revenues and
allocated a »fair« level for social
protection, there would be 31
countries that could not afford
for a minimum set of social
protection floors.
Since Covid-19, the largest
social protection donor, the
World Bank, has tripled its aid
to 4 billion US dollars per year,
nearly the same amount that
the Global Fund to Fight AIDS,
Tuberculosis and Malaria
(GFATM) spends on health.
In their own countries, donors
spend the same on social protection
as they do on education
and health combined. Yet in
their aid budgets, social protection
receives seven times less
than education and health.