Author Topic: Amid COVID-19, UBI starting in Spain  (Read 2504 times)

littleman

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Amid COVID-19, UBI starting in Spain
« on: April 06, 2020, 10:59:21 PM »
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The move has been prompted by the coronavirus crisis, but Calvino told Spanish channel La Sexta that the measure, once rolled out, will remain after the pandemic is finally over.
   
No date was given for the rollout, but Calvino assured that the measure will be launched as soon as possible, and that the government is working out the details.

It is not yet known what the amount would be, but it is expected to be geared toward families and complement other social security measures pledged by the Spanish government, to support the population through the crisis.

Prime Minister Pedro Sanchez’s government rolled out a €200 billion package ($216 billion) last month to boost Spain’s economy, in line with stimulus packages introduced in some of the worst-hit countries.

Mortgage payments have been paused and struggling businesses will be given a cash boost as part of the “greatest mobilization of resources in Spain’s entire democratic history,” Sanchez said.

Spain saw record job losses in March, with 900,000 people losing their jobs over a three-week period since the start of the lockdown.

https://www.forbes.com/sites/isabeltogoh/2020/04/06/spain-to-roll-out-permanent-universal-basic-income-soon/#4ff4673f316f