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Government needs to spend more for social protection in 2023

Business Mirror LogoBusiness Mirror2w ago

Government needs to spend more for social protection in 2023 - Business Mirror

Quick Summary:

IF Filipinos will be able to chart the troubled waters of 2023, Ibon Foundation Inc.said the national government would have to increase social protection to households and micro, small and medium enterprises (MSMEs) nationwide this year.

Africa also said there are beginnings of a mechanism to push for wealth taxes, especially after the World Economic Forum (WEF) discussed it in 2019.

If the debt is being used to help the economy grow that might be a short term cost for medium- to long-term development,” Africa said.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 16:18:00 (2 weeks ago)

News Timezone: GMT +8:00

Ranking: #2714 (out of 10124 stories this day)

News Source URL: businessmirror.com.ph

Language: English

Article Length: 960 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 4781773

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 35 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Government needs to spend more for social protection in 2023" was covered 2 weeks ago by Business Mirror, a news publisher based in Philippines.

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