Spain is moving to establish permanent basic income in the wake of the coronavirus pandemic

Business Insider

Spain is moving to implement a permanent basic income as a measure to help workers and families battered by the coronavirus pandemic.

Nadia Calviño, the country's minister for economic affairs, told the Spanish broadcaster La Sexta on Sunday evening that the government was planning to introduce the cash handouts as part of a barrage of policies meant to help people get back on their feet.

She said enacting basic income was "mostly aimed at families, but differentiating between their circumstances."

Calviño didn't offer a specific date as to when basic income could be rolled out in the country. But she said the government hoped it would become "a permanent instrument."

"We're going to do it as soon as possible," she said. "So it can be useful, not just for this extraordinary situation, and that it remains forever."

It's not immediately clear what basic income could look like in Spain, given the proposal appears to be in its early stages. But it would likely be aimed at providing economic relief for low-income Spaniards.
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