Basic-income GDP boost up to 0.3 of pt

(ANSA) - Rome, November 21 - ISTAT said Wednesday that the government's planned 'citizenship wage' basic income for jobseekers should boost Italy's GDP by up to 0.3 of a percentage point a year. It said this was based on the assumption that the government allocates public money of around 0.5 of a point of GDP. The statistics agency said that it saw GDP rising by 0.2 of a point with respect to the base scenario in the first few years of the benefit, adding that this could climb to 0.3 thanks to its positive effect on household spending.