Italy’s new ‘Citizen Wage’ to be electronic shopping card

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From Reuters:

Italy’s so-called citizens’ wage, to be introduced next year as part of the government’s first budget, will take the form of a pre-charged electronic shopping card, deputy Prime Minister Luigi Di Maio said on Monday.

The citizen’s wage is the flagship policy of Di Maio’s anti-establishment 5-Star Movement which has governed since June with the right-wing League, and it is a centrepiece of Rome’s big-spending 2019 budget outlined last week.

The budget sets aside 10 billion euros ($11.57 billion) for the initiative, which will provide up to 780 euros per month to the poorest Italians and which Di Maio has said will “abolish poverty” in the euro zone’s third largest economy.

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The scheme has yet to be finalized…

Continue reading at Reuters.

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