The government of Finland has decided not to renew the experiment on payment of a basic income citizens, which has attracted wide international interest.

Finland will turn the experiment on payment of an unconditional basic income

This was reported by one of the developers of the experiment, a Finnish scientist Olli Kangas, peredat Biznestsentr with reference to the BBC.

A two-year experiment in Finland started in January of 2017, making it the first European country to verify the unconditional basic income. 2000 program participants have been selected among the unemployed at random and receive monthly 560 euros from the government.

According to the developer of the experiment, the government rejected the request for an additional amount of 40-70 million euros to Finance basic income to groups of employed Finns decided to limit the experiment for 2,000 unemployed.

However, in this type of experiment will not be extended beyond 2018, as the government is now studying other schemes for the reform of the social security system of Finland.

See also: Income of the world leading investment banks from commodities trading fell to the lowest level in 11 years

"I'm a little disappointed that the government decided not to extend it," said Professor Kangas, researcher at the social insurance institution (Kela), the Finnish government Agency.

The full results of the pilot experiment will be published before the end of 2019.

Proponents of unconditional basic income believe that it is a way to encourage the unemployed to find temporary work as a basic income gives certain guarantees of financial security.

In particular, this should solve the problem of insecurity related to Economics of freelancing, since people will have stable money between contracts.

Subscribe to Biznestsentr in Facebook, Twitter and Telegram


See comments →