The Independent Authority for Fiscal Responsibility (AIReF) published today its fifth Opinion on the Minimum Living Income (IMV), a non-contributory benefit designed to prevent the risk of poverty among people who lack the basic financial resources to meet their fundamental needs.
More than five years after its implementation, this fifth AIReF Opinion analyzes, for the first time, how the IMV complements other benefits in the social protection system and compares it with other last-resort benefits in neighboring countries. This analysis allows the IMV to be situated both within the Spanish system of cash benefits
and in the European context, taking into account its design, scope, and results.