UN Calls for Temporary Basic Income for World’s Poorest 2.7 Billion People as ‘Lifeline’ Amid Pandemic

Demanding “unprecedented social and economic measures” to cope with “unprecedented times,” the United Nations Development Program called for a temporary basic income for 2.7 billion people living at or below the poverty line in more than 130 countries.

A temporary guaranteed income for the world’s poorest people would significantly help developing countries to mitigate the spread of the coronavirus by allowing families to stay at home, the UNDP said in a report released on Thursday.

The measure would cost $199 billion per month, just 12% of the total financial response to the Covid-19 pandemic expected in 2020 and the equivalent of […]

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