Spain to offer families minimum monthly income
Spain
to offer families minimum monthly income
Associated
Press May 29, 2020
MADRID - The Spanish government will
provide more money for the country’s most impoverished 850,000 families so they
can reach a minimum monthly income in the nation’s first attempt to guarantee a
basic salary.
The plan was approved by the ruling left-wing
coalition led by Prime Minister Pedro Sánchez. The leader of the Spanish
Socialist Party is under pressure to spur economic recovery and reduce the
fallout from a two-month lockdown to contain the spread of the coronavirus
that’s killed at least 27,000.
Citizens over 21 will be eligible for benefits
if they don’t meet a minimum monthly income ranging from 461 euros ($513) to
1,015 euros ($1,130), depending on the number of family members. Migrants who
have been in Spain for more than one year can apply.
Social Security Minister José Luis Escrivá says
the measure intends to reduce poverty and inequality. He says 100,000
households will immediately benefit and the government aims to include 750,000
more in coming months. The total cost for Spain’s public coffers is estimated
at 3 billion euros ($3.3 billion) annually.
Comments
Post a Comment