More than 27,500 residents of Balears have received the aid of 200 € to mitigate the effects of the rise in prices among the vulnerable population

The beneficiaries of this measure, whose application deadline ended on March 31, are workers, self-employed and unemployed with incomes of less than 27,000 euros in 2022.

A total of 27,553 people have received in Illes Balears the aid of 200 euros approved by the Government to mitigate the impact of high inflation, especially in the most vulnerable groups, according to data from the Tax Agency.

The beneficiaries of this initiative approved by the Executive at the end of December last year are self-employed or third-party workers and beneficiaries of the unemployment benefit or allowance in 2022, who last year did not exceed an income of 27,000 euros gross and whose assets, discounting habitual housing, do not exceed 75,000 euros. In addition, they must have habitual residence in Spain in 2022.

For the calculation of amounts, the income and assets of the following persons living in the same household must be added: the beneficiary himself, his spouse or partner, descendants under 25 years of age, or with disabilities, with incomes not exceeding 8,000 euros, and ascendants up to second degree by direct line (parents and grandparents).

Objective: reduce vulnerability situations

The deadline for applying for this aid was 31 March and, as was the case with the previous grant of 200 euros, pensioners and recipients of the Minimum Vital Income (IMV) are excluded from it because they are groups already benefiting from other measures approved by the Government, such as the 15% increase in non-contributory pensions and the IMV. Pensioners are also guaranteed their purchasing power through the revaluation of pensions under the CPI.

Therefore, with this aid of a single payment of 200 euros, included in Royal Decree-Law 20/2022, of 27 December, the beneficiaries of the previous benefit are extended, with the aim of mitigating the harmful effect that the rise in prices has especially on lower incomes. This reduces situations of economic vulnerability that are not covered by other social benefits, such as pensions or the IMV.

The aid of 200 euros is part of the package of measures approved by the Government to mitigate the impact of inflation on the social majority of the country.