A universal basic income (UBI) is a regular cash payment provided by the government to every citizen. This payment is unconditional, meaning it is given to everyone regardless of whether they have a job or how much money they earn.

Key characteristics include:

• No requirements: There are no work obligations or income tests to qualify.
• Citizenship based: It is considered a right provided to every member of society.
• Social impact: Supporters suggest it could help end poverty and make government welfare programs much simpler.
• Economic debate: Critics and experts often discuss whether a country can afford this program and whether it might cause prices to rise (inflation).