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Social Safety Nets Expand but Can Do Better at Reaching the Poorest

“Social safety net programs have grown exponentially around the world in recent years, but more than two-thirds of the world’s 1.2 billion poorest people –those living on less than US$1.25 per day—are still not covered, says a new World Bank report. According to The State of Social Safety Nets 2014more than 1 billion people in 146 low- and middle-income countries benefit from social safety net programs, yet 870 million of the world’s poorest people remain uncovered. Social safety net programs include cash and in-kind transfers targeted to poor and vulnerable households, with the goal of protecting families from the impact of economic shocks, natural disasters, and other crises; ensuring that children grow up healthy, well-fed, and can stay in school and learn; empowering women and girls; and creating jobs.”

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