Publication

Analysis of the Sri Lankakan Social Protection Schemes in the context of social protection floor objectives

ILO has provided technical assistance to the Government to conduct a Rapid Assessment which provides an overview of existing social security provisions, coverage gaps and overall coherence of the system. The Social Protection Floor guarantees are used as a benchmark to describe and assess the social security situation in the country and identify existing policy gaps and implementation issues. ILO has also provided technical assistance in developing different financial models to finance the existing gaps and provided recommendations to the Government of possible policy scenarios. The results of the study indicate that there is a need to increase government spending by 2-4% of GDP over a period of 15 years to achieve minimal levels of coverage.