Safety nets protect vulnerable households from impacts of economic shocks, natural disasters, and other crises
- An estimated 36 percent of the very poor escaped extreme poverty because of social safety nets, providing clear evidence that social safety net programs are making a substantial impact in the global fight against poverty.
- In developing and transition countries, 2.5 billion people are covered by safety net programs. Of these, 650 million people are from the poorest quintile.
- Yet, in low-income countries, only 1 in 5 of the poorest are covered by safety net programs.
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