In April 2025, the Washington, D.C. (United States of America)-based World Bank (WB) released its report titled “State of Social Protection Report 2025: The 2-Billion-Person Challenge.” The report highlights significant global disparities in social protection and emphasizes the urgent need for reform, especially in Low-Income Countries (LICs) and Middle-Income Countries (MICs).
📚 Test Your Knowledge:
As per the recently released "State of Social Protection Report 2025", how many people in Low and Middle-Income Countries (LICs & MICs) still lack adequate social protection?
Correct Answer: 2 billion