OECD warns against going ahead with basic income plan

OECD warns against going ahead with basic income plan

Experts of the Organization for Economic Cooperation and Development (OECD) on Wednesday released Economic Survey 2018 of Finland at a press conference on Wednesday. Photo Finnish Government. ‏ Experts of the Organization for Economic Cooperation and Development (OECD) have suggested that Finland should give up the plan for a universal basic income, which has caught the eyes of international audience.

In its country report for Finland published on Wednesday, OECD concluded that the envisaged Finnish basic income plan would either be too expensive to the state or provide scanty social security and could even increase poverty. The current system should […]

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