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8 Feb 22
The public sector has an opportunity to finance projects targeting better societal equality and climate risks through social bonds, market analysts have said.
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20 Jan 22
Young Spanish people will be paid €250 per month to help them move out of their parent’s homes amid a housing crisis that has left many unable to afford rent by themselves.
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14 Jan 22
Kazakhstan’s president announced he will set up a public fund to help improve the lives of the country’s poor in the wake of recent violent unrest.
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12 Jan 22
Chile’s lower legislative house has passed the introduction of a tax on the country’s super rich to fund a new state pension, paving the way for a standoff with the president who rejects the idea.
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10 Dec 21
Social protection programmes in Pakistan will benefit from $603m from the Asian Development Bank, as the government tries to implement its national anti-poverty strategy.
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19 Nov 21
Introducing Universal Basic Income payments could be affordable, but more work is needed to establish whether the costs of transition are worth it, says Jeffrey Matsu.
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12 Nov 21
South Africa’s finance minister has signalled that he will not boost welfare spending in next year’s budget despite recognising the part inequality played in devastating riots several months ago.
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21 Oct 21
Brazil’s economy minister has said the country’s spending cap could be breached to allow the government to expand its welfare programme.
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15 Oct 21
Japan’s new prime minister has set up a taskforce to reduce wealth disparities in a bid to create a “virtuous cycle of growth and distribution”, claiming market forces have left some people behind.
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30 Sep 21
More than 75% of Venezuelans now live in extreme poverty, fuelled by the nation’s economic crisis, a study has claimed.
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17 Sep 21
World Bank economists have urged Bangladesh to redirect social protection schemes towards the urban poor, saying the move could cut the extreme poverty rate from 22% to just 4%.
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16 Sep 21
Colombia’s president has approved new tax reforms after lawmakers replaced proposals that sparked countrywide demonstrations against the government earlier this year.
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8 Sep 21
Farm and meat-packing workers in the US will receive grants of up to $600 in recognition of costs many bore during the pandemic.
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26 Aug 21
A group of experts in Finland has begun discussing the introduction of a ‘negative income tax’ to help support people’s incomes and encourage them to work.
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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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21 Jul 21
The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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13 Jul 21
Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
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12 May 21
The widespread nature of the 'informal economy' in developing countries leaves governments with fewer resources with which to support the economic recovery from Covid-19, a World Bank study has found.
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11 May 21
Inheritance tax could play a greater role in addressing inequality and dealing with the public finance pressures of Covid-19, the OECD has said.
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6 May 21
New Zealand has been urged to scale up its interventions in the labour market to ensure its recovery does not leave sections of society behind.
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5 May 21
Thailand is planning a new round of measures to help low-income groups through its biggest wave of Covid-19 cases since the pandemic began.
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5 May 21
The pandemic and the political crisis in Myanmar are threatening to bring the country to the point of economic collapse, reversing more than a decade of human development gains, the United Nations...