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International Monetary Fund says Nigeria’s social safety net, which was created to support poor and vulnerable people in the country, suffers from limited coverage and weak targeting.The Washington-based lender said, “Nigeria needs to improve coverage and efficiency of its social assistance programmes. As of 2018, around a fifth of the vulnerable population receives some kind of social assistance with a small fraction receiving cash transfers.
The fund recommended a cumulative increase in social spending by about one per cent of the Gross Domestic Product for 2022 to 2026. “Measures include developing and utilising the National Social Registry for adequate beneficiary selection, improving coordination and integration between state and national registers, and establishing a strong information management system.
مصر أحدث الأخبار, مصر عناوين
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