New ILO-UNICEF report: Lebanon must prioritize investment in a social protection floor

  • Date: 19-May-2021
  • Source: National News Agency - Lebanon
  • Sector:Economy
  • Country:Lebanon
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New ILO-UNICEF report: Lebanon must prioritize investment in a social protection floor

NNA - With Lebanon facing an unprecedented culmination of economic, social and political crises, a new report outlines how establishing life-cycle social grants could lay the foundations for a new social contract that is both sustainable and people-centred.

A new policy note by the ILO and UNICEF explores social protection policy reform that would enable Lebanon to address the various crises it faces and outlines the costs of implementing such policies.

The study focuses on policy options for core life-cycle social grants. The comprehensive life-cycle approach to social protection addresses the different risks and vulnerabilities individuals face throughout their lives, and designs policies that provide adequate protection and income security at each stage. This is in contrast to the relief approach to social protection which primarily targets the extreme poor.