Social investment key to stronger global economy, says IMF

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 69%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has said that investment in social insurance was a key to achiev...

Managing Director of the International Monetary Fund , Christine Lagarde, has said that investment in social insurance was a key to achieving a stronger global economy, saying societies across the world must begin by strengthening social programmes.

The social investment she said includes social insurance and social assistance, as well as public spending on health and education, saying “social spending is not just an expense, but rather can be among the wisest of investments in the well-being of our societies. “I would argue that social spending is a core component of the social contract needed to fulfil the missions of our respective institutions.”

He said, “by mitigating the negative impact of unemployment, creating access to further education, improving labour market opportunities, and securing access to at least the core contents of the right to health, food, water and sanitation, education, housing, social security systems, you can ensure that individuals in all of society are protected from the worst impact of upheavals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Institute Seeks PMB’s Speedy Assent To Social Work BillThe Council of the Institute of Social Work of Nigeria has pleaded with President Muhammadu Buhari to fast-tract the signing of the Bill on Chartered Institute of Social Work Practitioners. President of the Institute, Dr Iyeme Efem, who made the call in a statement yesterday, identified the bill as a vehicle for professionalising social work […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Institute Seeks Buhari Speedy Assent To Social Work BillThe Council of the Institute of Social Work of Nigeria has pleaded with President Muhammadu Buhari to fast-tract the signing of the Bill of Chartered Institute of Social Work Practitioners. President of the Institute, Dr. Iyeme Efem, who made the call in a statement yesterday, identified the bill as a vehicle for professionalising social work and […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Anchor varsity holds first faculty lecture | The Guardian Nigeria News - Nigeria and World NewsAs part of efforts to drive discourse on interactive and educative topics in the institution, the Faculty of Social and Management Sciences... will I be a perteker of it
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Facebook prepares for launch of digital currency – Daily TrustU.S. social media giant, Facebook, is preparing to step into the world of finance with a new digital currency, local media... this is crazy!!
Source: Daily Trust - 🏆 13. / 51 Read more »

We need Not-Too-Old to be Employed bill – Daily TrustIn my observation, the children of the poor are at serious disadvantage in most of the recruitment exercises in both the public and private sectors of the economy due to age limit. This “unjust” practice which has been ongoing for many years is against social justice. Virtually all Nigerian job seekers are now “age falsifiers” …
Source: Daily Trust - 🏆 13. / 51 Read more »

Benin priest warns against kidnapping, rituals, others – Daily TrustThe Ohen-Osa of Holy Aruosa Cathedral, Benin, Harrison Okao, has warned youths against engaging in kidnapping, rituals and other social vices in the Benin Kingdom. Okao gave the warning weekend during the thanksgiving service to mark the successful completion of Ugie Ododua and Ugie Ivie ceremonies celebrated by the Oba of Benin, Oba Ewuare II.ADVERTISEMENT …
Source: Daily Trust - 🏆 13. / 51 Read more »