× Edgar Brandt
The proponents of the universal Basic Income Grant (BIG) say that the real cost of the economic intervention would only be about N$4 billion, or about 5.5% of the national budget and not the astronomical N$13 billion as estimated by some local economists.
According to the Economic and Social Justice Trust, which is spearheading the Basic Income Grant (BIG) Coalition of Namibia, the actual gross costs for BIG would be N$6.85 billion, or 9.4% of the current national budget and about 4% of the GDP, if calculated at a rate of N$500 per person per month.
The […]
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