Inputs to the Outcome Document

This brief highlights the importance of financing social protection to achieve multiple SDGs and realized the right to social protection. It outlines key solutions for financing social protection systems, emphasizing the need to prioritize social protection spending within government budgets and better coordinate and increase international financial support. It provides actionable recommendations, including enhanced spending, progressive and effective taxation, and global financial mechanisms to address persistent coverage gaps and ensure adequate social protection for all.

This joint Brief by IMF, OECD and WBG emphasizes the critical role of Domestic Revenue Mobilization (DRM) in addressing the financing gap for the Sustainable Development Goals (SDGs) in low-income countries. It highlights the need for comprehensive tax reforms, enhanced compliance, and international cooperation to increase tax revenues. The brief advocates for utilizing the upcoming FFD4 conference to strengthen tax capacity and align policies with sustainable development objectives.