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The introduction of the guaranteed minimum income in Spain has attracted a flood of applications. There are many more than government estimates, which can no longer keep up with their processing.
Spain’s main anti-poverty measure, the guaranteed minimum income scheme, has attracted a record volume of applications and has been in arrears for months. Financial times.
Madrid authorities received about one million requests since the plan was introduced four months ago. But so far only half of the requests have been processed. Regarding actual payments, a total of 136,000 households will receive this support in the coming days, according to official data.
The number of applications submitted far exceeds the government’s expectations, which estimates that approximately 850,000 households will qualify for the guaranteed minimum income.
The measure, implemented in June, aimed to help the 2.3 million poor Spaniards, guaranteeing a minimum family income of between 461 and 1,015 euros.
The administration of the scheme is complex, since it has 14 steps, depending on the number of adults and children in each household, he says. Financial times.
The measure, which was in the government program of the current left-wing executive, accelerated with the onset of the pandemic, which seriously affected Spain. Madrid authorities expect the Spanish economy to contract 11 percent this year, while the IMF estimates the contraction at almost 13 percent.
Editor: Luana Pavaluca
