Spain set to introduce permanent basic income scheme to rebuild economy post-coronavirus

Submitted by pmassetti on
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sbs.com.au (19.05.2020) Up to a million Spanish families could soon receive an ongoing monthly payment to help them through the coronavirus crisis as the country’s government looks set to approve a €3 billion ($A5 billion) basic income scheme. The program, targeting low or no income families, will likely remain beyond the COVID-19 pandemic, which is expected to push the unemployment rate to more than 20 per cent in the country of almost 47 million people, according to the International Monetary Fund. 

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