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Spain approves minimum income scheme to fight poverty

Christian Fernsby ▼ | May 29, 2020
Spain’s government approved a minimum income scheme for around 850,000 poorest households in the country.
Households   Spain
Those eligible will be able to receive an income between €462 ($514) and €1,015 ($1,130) each month.

Topics: Spain

The payment will depend on factors such as annual income, number of children and assets. Single-parent households will also get an additional €100.

Jose Luis Escriva, Spain’s minister of social security, said the goal is to bring 1.6 million people out of poverty, more than 1 million of whom are living in a situation of extreme poverty.

“This means reducing extreme poverty by 80% and high poverty levels by 60%,” Escriva said at a news conference on Friday.

In total, the scheme is set to affect 2.3 million people.