Financing

https://www.flickr.com/photos/michaelheiss/14272922640/

Sustainable financing and sound delivery structures are key factors for the performance of the social protection system: The best policy design and legal framework become meaningless if not backed by sound structures for their financing and implementation.

Ensuring a financially sustainable and equitable social protection system remains a challenge especially in developing countries with limited fiscal space and a narrow tax base. At the same time, the introduction and extension of social protection programmes in many countries has shown that the necessary fiscal space can be secured, so that countries can allocate the maximum of available resources to social protection, and can ensure that the equitable and sustainable financing of social protection systems.

Photo credit: “Seed Financing” by Michael Heiss (CCBY 2.0 via Flickr).