This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Introduced a nationwide Living Minimum Income (IMV – acronym in Spanish), a non-contributory cash benefit. This means it is not attached to previous employment history, addressed to households who, depending on their composition, are below a determined income threshold. It is estimated that the IMV would support 850,000 households and a total of 2.3 million people.
The Spanish social security institution has calculated that most of these households (around 550.000) live in extreme poverty, that is, with less than 230 € per month.
The IMV should improve the lives of around 80% of those households living in extreme poverty.
Although its approval has been accelerated to tackle the social and economic consequences of the lockdown due to the coronavirus pandemic, the IMV had already been approved in the coalition government’s agreement between the Spanish socialist party, PSOE, and Podemos.
Find out more here.
Find out more:
Want to join
the discussion?
Let us know what
you would like
to write about!
the discussion?
Let us know what
you would like
to write about!