Friday, June 21, 2024

Free money? South Africa floats universal basic income for all

... the ANC has gone one step further. A week before the election, it released a statement deepening its commitment to finalising a policy to transform the state’s Covid grant into a universal basic income (UBI) within two years of forming a new administration. If implemented, this would make South Africa the first country in the world to work towards a policy of paying all people between the ages of 18 and 59 a regular grant, with no condition to be seeking work. READ FULL REPORT from The Guardian

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