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

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 transfers regardless of where someone lives in a country.

NEW YORK:

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 […]

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