Spain Plans Universal Basic Income To Deal With Economic Downturn

Spain Plans Universal Basic Income To Deal With Economic Downturn

Spain is planning to roll out Universal Basic Income (UBI) to mitigate the impact the Coronavirus has had on the economy says Economy Minister Nadia Calviño.

In an interview with Spanish broadcaster La Sexta on Sunday night, Calviño said that the new UBI system would be coordinated by Social Security Minister José Luis Escrivá. The aim would be to put a form of basic income “ in place as soon as possible ” to help assist families during the economic downturn.

However, the Minister said that it wasn’t just a temporary measure and that it was the government’s desire that UBI […]

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