Subsidies versus social welfare
How can governments in the Middle East and North Africa break the cycle of poverty?
The World Bank has released a study reporting that governments in the Middle East and North Africa are not doing enough to provide jobs, opportunities, and drive social economic progress.
„I think that [the] welfare programmes that the ministry of social affairs has been undertaken over the last couple of years is well directed towards the poorest of the poor families …. I think the ministry have succeeded to cover families that deserve to be covered, and not give subsidies to the rich before the poor.“
Naser Abdelkarim, a financial economist
The Middle East and North Africa is home to some 300 million people, but the World Bank says one-quarter of them live on less than two dollars a day – and when it comes to protecting their poorest citizens, most government welfare programmes are inadequate keeping many in poverty, generation after generation.
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