U.N. report suggests temporary basic income to help world’s poorest amid pandemic

U.N. report suggests temporary basic income to help world's poorest amid pandemic

FILE PHOTO: The United Nations Headquarters is pictured as it will be temporarily closed for tours due to the spread of coronavirus in the M By Michelle Nichols

NEW YORK (Reuters) – A temporary basic income for the world’s poorest 2.7 billion people in 132 developing countries could help slow the spread of the coronavirus by allowing them to stay home, according to a U.N. Development Programme (UNDP) report released on Thursday.

The report suggests three options – top-ups on existing average incomes, lump-sum transfers linked to differences in the median standard of living across a country or uniform lump sum […]

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