Adequacy of social safety net programs (% of total welfare of beneficiary households)

The effectiveness of social safety net initiatives is evaluated by assessing the total financial assistance received by participating households in relation to their overall welfare, encompassing both income and expenditures. This encompasses a diverse range of support mechanisms, such as cash transfers for families in need, noncontributory pensions for the elderly, and various allowances aimed at children, disabilities, and other vulnerable groups. Additionally, it includes conditional cash transfers linked to specific behaviors, as well as in-kind support like food distributions and educational scholarships. By capturing the full spectrum of beneficiaries—both direct and indirect—this measure highlights the pivotal role these programs play in enhancing economic security and alleviating poverty, thus serving as a critical tool for policymakers in ensuring equitable social support outcomes. Source: