Basic income and state pension to increase 2% - Government

October 22, 2019 - Mount Vema - Basic income and state pension to increase 2% this fiscal year, The Ministry of Economy, His Mount Vema Majesty's Treasury said in a statement today, as part of the plan announced last month to increase the basic income for citizens overseas. The Basic Income is currently 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. The Mount Vema basic income is a financial support provided by the government, which can then be used to transfer into a bank account of the beneficiary anywhere in the world.