The Global Coalition for Social Protection Floors (GCSPF) welcomes the FfD4 Outcome Document Compromiso de Sevilla, and especially welcomes the recognition of the need for further efforts to strengthen the consideration of social protection and social spending in the International Monetary Fund (IMF)-supported macroeconomic adjustment programs. However, we regret that the opportunity was not taken to recognize the potential role of social protection, in particular universal systems, to advance inclusive economic development. We also regret that the Compromiso did not explicitly affirm the central role of strong public social protection systems. The document leaves the door open for increased private sector involvement without acknowledging the risks this entails.
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