The Prime Minister, Pedro Sánchez, confirmed this Saturday that the Council of Ministers of the “next week” will approve the Minimum Life Income, the amount of which will depend on the number of members of the same family.
In his weekly appearance from the Moncloa Palace, Sánchez alluded to the approval on Tuesday of this “historic measure” that he is now promoting “So no one is left behind” in the face of the consequences of the Covid-19 pandemic, although he recalled that it has been “a commitment from the beginning of the journey” of the coalition government.
The Minimum Life Income will be one “Usual benefit”, he explained, whose final design has been achieved thanks to the work of the Tax Agency, the Social Welfare team, Social Security and the support of the autonomous communities.
It will be a Social Security benefit and its annual cost will be around 3,000 million euros, but that will depend on the number of members of each household
The implementation of the Minimum Vital Income, he pointed out, can cover four out of five people in a situation of severe poverty and calculated that “it will benefit about 850,000 homes, of which half have children in their care ». In addition, he recalled that two million children are at risk of poverty.
Sánchez explained that this income will begin to be collected in June, as applications are processed, and ended by proclaiming that “neither the Government nor Spanish society will look the other way while our compatriots stand in line to eat.”