ESCWA Publication: E/ESCWA/2020/POLICY BRIEF.7
Country: Arab region
Publication Type: Policy briefs
Cluster: Shared Economic Prosperity
Focus Area: Financing for development
Initiatives: Addressing multidimensional poverty
SDGs: Goal 1: No Poverty
Keywords: Covid-19, Fiscal policy
A solidarity tax to address the impact of Covid-19 on poverty in the Arab region
June 2020
High poverty rates coupled with a high concentration of wealth in the Arab region have highlighted the need for stronger civic solidarity and shared responsibility by the general public, the private sector and the State for lifting marginalized people out of poverty. ESCWA proposes a solidarity tax, independent of Arab countries’ existing fiscal space, to close the poverty gap and usher in civic equity.
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Financing for development
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High poverty rates coupled with a high concentration of wealth in the Arab region have highlighted the need for stronger civic solidarity and shared responsibility by the general public, the private sector and the State for lifting marginalized people out of poverty. ESCWA proposes a solidarity tax, independent of Arab countries’ existing fiscal space, to close the poverty gap and usher in civic equity.
