What's Hot

    2 costly errors most retirees make — and learn how to keep away from them | Invesloan.com

    April 16, 2026

    Alcoa anticipates $135M 2026 curiosity expense whereas environmental and ARO funds rise to about $360M (NYSE:AA) | Invesloan.com

    April 16, 2026

    Franklin Graham defends Trump over AI picture critics say depicted Jesus | Invesloan.com

    April 16, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Ireland Plans to Make a $1,500 Monthly Basic Income Permanent | Invesloan.com
    Money

    Ireland Plans to Make a $1,500 Monthly Basic Income Permanent | Invesloan.com

    October 18, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    As Ireland’s $1,500-a-month basic income pilot program for creatives nears its end in February, officials have to answer a simple question: Is it worth it?

    With four months to go, they say the answer is yes.

    Earlier this month, Ireland’s government announced its 2026 budget, which includes “a successor to the pilot Basic Income Scheme for the Arts to begin next year” among its expenditures.

    Ireland is just one of many places experimenting with guaranteed basic income programs, which provide recurring, unrestricted payments to people in a certain demographic. These programs differ from a universal basic income, which would provide payments for an entire population.

    Basic income programs of all kinds have been around for a long time, but have seen renewed interest since the COVID-19 pandemic and the onset of the AI revolution. Some of the world’s top AI leaders have called for such programs to alleviate the loss of income in the future if the technology ousts humans from their jobs.

    Ireland first launched its basic income pilot program in 2022, when some 2,000 artists began receiving a weekly stipend of €325, or about $370. Although officials initially scheduled the pilot program to end this August, Patrick O’Donovan, the minister for culture, communications, and sport in Ireland, extended it to February 2026.

    Citizens who participated in the pilot program said the payments improved their daily lives. A report published by Ireland’s government in May said the payments reduced financial stress, allowed for professional growth, and boosted mental health.

    Related stories

    Business Insider tells the innovative stories you want to know

    Business Insider tells the innovative stories you want to know

    A government press release this month said the 2026 budget would include a provision to make the country’s Basic Income for the Arts pilot permanent in 2026.

    “The Basic Income for the Arts pilot scheme, which I extended this year, will end in 2026, and I will bring a successor scheme to Government with the intention of embedding a permanent basic income in the Arts and Culture sector,” O’Donovan said. “This scheme is the envy of the world, and a tremendous achievement for Ireland, and must be made futureproof and sustainable.”

    Maura McGrath, chair of the Arts Council in Ireland, praised the decision in a statement.

    “The Arts Council particularly welcomes the continued investment in the Basic Income for the Arts, which provides artists with the stability to develop their practice, innovate, and contribute meaningfully to Ireland’s cultural landscape,” McGrath said. “We are ambitious for the arts sector and will continue to work with Minister O’Donovan and our Department colleagues advising on the optimisation of opportunities for artists, arts workers and audiences.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Emma Grede Was Criticized for Being a ‘3-Hour Mom.’ 4 Moms Reacted. | Invesloan.com

    Netflix Cofounder Reed Hastings Is Leaving the Company | Invesloan.com

    Mamdani Releases 2025 Tax Returns, Discloses $1,643 From Rap Royalties | Invesloan.com

    See Spirit Airlines’ History From Trucking Company to Low-Cost Giant | Invesloan.com

    Claude Will Require Identity Verification for ‘a Few Use Cases’ | Invesloan.com

    Solo Cruise Surprises on Royal Caribbean’s Wonder of the Seas | Invesloan.com

    Iran Digging Out Remaining Missiles, Launchers: Pentagon | Invesloan.com

    How NYC’s Tax on Multi-Million Dollar Vacation Homes Could Work | Invesloan.com

    I Landed My First TV Role on HBO’s “the Pitt” | Invesloan.com

    LATEST NEWS

    2 costly errors most retirees make — and learn how to keep away from them | Invesloan.com

    April 16, 2026

    Alcoa anticipates $135M 2026 curiosity expense whereas environmental and ARO funds rise to about $360M (NYSE:AA) | Invesloan.com

    April 16, 2026

    Franklin Graham defends Trump over AI picture critics say depicted Jesus | Invesloan.com

    April 16, 2026

    Mutual insurance coverage corporations are paying record-breaking dividends to their clients this yr. Is utilizing one best for you? | Invesloan.com

    April 16, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}