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    • Social Protection

    3 alternative sources of financing for social protection

    Taxes are an important resource for governments as they launch and expand their social protection programs. But various participants at Asia-Pacific Social Protection Week argued for thinking out of the box when it comes to unlocking other sources to diminish people's exposure to risks.

    By Jenny Lei Ravelo // 22 August 2016

    When it comes to financing social protection programs, taxes are seen as a major resource.

    This can be problematic in countries where tax evasion and tax avoidance by individuals and companies are rampant, such as the Philippines.

    The former head of the country’s internal revenue bureau, Kim Henares, was outspoken when it came to calling out businessmen or celebrities found with tax discrepancies in their annual tax reports. Under her leadership, the bureau also launched several catchy advertisements meant to inform and encourage citizens to pay their dues to the government.

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    Read more on social protection:

    ► DevExplains: Social protection

    ► What's emerging and missing in the social protection debate

    ► Why countries need better social protection programs — rich or not

    ► How infrastructure investments can help expand social protection programs

    • Economic Development
    • East Asia and Pacific
    • South Asia
    • Central Asia
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    About the author

    • Jenny Lei Ravelo

      Jenny Lei Ravelo@JennyLeiRavelo

      Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.

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