5 ms·
The Wikipedia article says that the Iranian plan pays $40 per month, which seems very low for consideration as a UBI compared to numbers like $1000-2000 per mon
by NAHWheatCracker 6y ago
The Wikipedia article says that the Iranian plan pays $40 per month, which seems very low for consideration as a UBI compared to numbers like $1000-2000 per month that people throw around for the United States. I don't know much about Iran, so I'm not sure if it's 25-50x less expensive to live there.
The only numbers I found on the Saudi plan is $533 million per month paid to 10.6 million people [0]. This works out to about the same individual payment.
I think investigating the effects of these plans in those nations is worthwhile. Separating the effects of the plans from the specific situation in the Middle East would be challenging.
[0] https://www.reuters.com/article/us-saudi-allowances/saudi-arabia-makes-2-billion-riyal-payment-in-citizens-account-program-idUSKBN1EF0S2 https://www.reuters.com/article/us-saudi-allowances/saudi-ar...