Spain To Roll Out Permanent Universal Basic Income ‘Soon’

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Spain To Roll Out Permanent Universal Basic Income ‘Soon’
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Spain’s government is working on introducing the measure that will last “indefinitely”, to help those facing economic hardship because of the coronavirus crisis, Economy minister Nadia Calvino said.

... [+]: Spain, which has the biggest cluster of COVID-19 infections outside the U.S., will introduce universal basic income “as soon as possible” as part of its efforts to combat the economic effects of coronavirus, Economy minister Nadia CalvinoThe move has been prompted by the coronavirus crisis, but Calvino told Spanish channelNo date was given for the rollout, but Calvino assured that the measure will be launched as soon as possible, and that the government is working out the details.

It is not yet known what the amount would be, but it is expected to be geared towards families and complement other social security measures pledged by the Spanish government, to support the population through the crisis. last month to boost Spain’s economy, in line with stimulus packages introduced in some of the worst-hit countries.

Mortgage payments have been paused and struggling businesses will be given a cash boost as part of the “greatest mobilization of resources in Spain’s entire democratic history,” Sanchez said.job losses in March, with 900,000 people losing their jobs over a three week period since the start of the lockdown.: Calvino told journalist Ana Pastor: “The work is complicated and we are on many fronts at the moment, but the ministry is working decisively on it and we will do it as soon as possible.

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