Guaranteed income for Valencia residents
By Dave Jones A BASIC living income for all residents is the major commitment of the Valencia regional government’s budget for 2018.
The Compromís party, which is ruling in coalition with the Socialists (PSOE), has indicated that this could be around €531 a month for an individual.
Deputy president Mónica Oltra said this week that €88.5 million had been set aside for this policy next year.
Sra Oltra explained that overall public spending in the region would increase by 6.7% on 2017 to €15.2 billion.
Of this, €1.2 billion will be spent by her equality and inclusivity department – an increase of 15.2% on this year.
She stated that their priority was to ‘rescue people’ and to work for a society in which ‘equal opportunities for all people is a reality’.
Sra Oltra said this will be done with policies designed to reduce poverty and support families.
She noted that the basic living income proposal is currently going through the regional parliament.
The budget proposed for this measure has been increased, she noted, because it will cover more people in different circumstances and will be available ‘for as long as the per- son is in a situation of need’.
The deputy president also said that the monies available to help people purchase medicines, after the national government introduced the so-called co-payment (copago) scheme, will be increased by 64%.
At the same time, the budget to combat domestic violence is being increased by 30% to €12 million.
Sra Oltra noted that she would be outlining the contents of the budget in the regional parliament this week.
Mónica Oltra is presenting the budget to the regional parliament this week