Colombia’s finance minister opens to universal basic income, but fails to see urgency

Colombia’s finance minister opens to universal basic income, but fails to see urgency

Finance Minister Alberto Carrasquilla (Finance Ministry) Colombia’s finance minister promised Congress on Tuesday he would look into the possibility of implementing a universal basic emergency income in response to the economic crisis caused by the coronavirus.

In a virtual session, Finance Minister Alberto Carrasquilla gave in to the congressional majority that has been asking for a an basic emergency income (BEI) while the country is struggling to reactivate the economy that was all but shut down in March.

The proposal is supported by the United Nations’ Economic Commission for Latin America and the Caribbean, which has urged to consider audacious measures […]

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