“When you put money into the hands of the poorest households it lifts the whole economy,” says Kelle Howson, a senior researcher from the Johannesburg-based Institute for Economic Justice (IEJ), which is part of a coalition of civil society organisations calling for a basic income grant in South Africa.
Ninety-three per cent of recipients spend SRD payments on food. Meanwhile, research from a large UBI study in Kenya by GiveDirectly found that recipients used the money to save up for large purchases, improve their diet and start their own businesses.
Ghana should implement the same but at $200 a month. Will transform the nation very quickly
Children should also get a scaling one, from 15% of the value and slowly go up as they age so that by the time they are 18 they receive 90% of the money