New or scaled-up COVID-19 social assistance in the form of cash transfers now reaches nearly 1.1 billion beneficiaries, one in every six people in the world. In a new CGD policy paper, we draw on early evidence from selected countries on the use of digital technology to implement these government-to-people (G2P) social transfer programs.
For government-to-person payments to truly benefit the most vulnerable during COVID-19, they must tackle the inequalities that women are facing due to the pandemic.
The financial impact of COVID-19 has been hitting the poor. Governments are adjusting cash transfer programs and utilizing national payment systems to mitigate these negative impacts. This blog reviews responses from Latin America, Asia and Sub Saharan Africa where governments with limited resources are coming up with innovative solutions to the crisis.
Advances in payment infrastructure are enabling governments to channel payments through multiple providers, giving people greater choice over how to receive payments. This is an important shift with implications for financial services providers, recipients of government payments and financial inclusion.
Digital payments are central to the global COVID-19 response, but the agent networks that distribute these funds are struggling to remain open. Here are three questions policy makers must answer to ensure agents reach as many people as possible.