Universal Basic Income (UBI) – a theme which resurfaces during pandemic
Due to the lack of part-time job opportunities and many closed businesses, it is becoming more difficult for low-income persons to earn extra money. It is no surprise that the proportion of persons in Malta (including pensioners) at risk of living in poverty is increasing year on year.
This rate reaches 29.1% of over 65s and unfortunately, this rate will grow further. As can be expected, older women are more likely to teeter on the brink of poverty due to having to rely solely on their husband’s pension. In Malta, with a population of just over 500,000, a sizeable amount of 90,000 people are on the verge of falling into poverty or social exclusion.