On 26 April 2023 the European Commission presented a proposal for a new economic governance framework. The objective is to strengthen debt sustainability and promote sustainable and inclusive growth.
The Spanish Presidency and the Belgian Presidency of the EU have launched an Informal Working Group on Social Investment (IWGSI).
The main objective of the IWG is – without interfering with the ongoing negotiations on the Economic Governance Review (EGR) – to provide input based on empirical evidence regarding micro and macroeconomic returns of social investments and reforms as well as monitoring and evaluation methodologies for tracking social investment returns, to support a political debate.
The purpose of this note is to back the reflection of the IWGSI in these two directions. The note has been completed on the 11th March 2024, following the 9 meetings of the Informal Working Group on Social Investment.