Basic income and state pension increased 2% today - Government

November 19, 2019 - Mount Vema - Basic income and state pension increased 2% today. Two months after the Ministry of Economy, His Mount Vema Majesty's Treasury first announced, as part of a plan to increase the basic income for citizens overseas. The Basic Income is currently was set at 38.45 golles per week per person over 16 years of age and 25.15 golles per person under 16 years of age and today it has increased 2% for this fiscal year. The Mount Vema basic income is a financial support provided by the government, paid in golles which can then be used to transfer into a bank account of the beneficiary anywhere in the world in foreign exchange.