Cyprus Mail
Cyprus

Minimum income vote before summer recess

Labour Minister Zeta Emilianidou addressing the House (file photo)

By George Psyllides
THE GUARANTEED Minimum Income (GMI) will be put to the vote on July 10 and the first payment will be made after August, MPs heard on Monday.
Labour Minister Zeta Emilianidou reiterated that the cash needed to fund the around €256 million per year scheme will be raised by rationalising the state’s social spending.
The matter was discussed by the House Labour Committee on Monday.
The state needs an additional €25 million this year and €50 million in 2015. Opposition MPs have voiced concerns that the government plans to find the money to provide the €480 per month by cutting other allowances.
Emilianidou said minimum pension, old age pensions and allowances granted to people with disabilities would not be affected.
The minister asked parties to give the government time to put a price on any amendments they decide to submit as there was no room for raising the cost of the scheme.
Along with the scheme, the state will set up a registry of the people receiving allowances, the number of family members and any assets they may own.
The committee will discuss possible amendments to the bill on Friday.

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