Government Wants to Fund Poverty Alleviation Fund Without Budget Resources

"No federal funds beyond administrative expenses are to be used for the Fund for Poverty Alleviation and Social Innovation," it says in the impact-oriented assessment of the law.

Poverty Alleviation Fund: Greens Criticize "Fake Fund"

The non-profit fund is intended to contribute to improving the living conditions of people at risk of poverty and exclusion, and to test socially innovative instruments to prevent poverty. A pot for special projects is sensible, Koza told the "Standard", but: "As it currently stands in the law, it is a fake fund." Poverty alleviation should not depend on private goodwill. In the Ministry of Social Affairs, led by Korinna Schumann (SPÖ), it was explained to the APA that the funds are to come from donations and gifts as well as from interest on the assets accumulated in the fund.

(APA/Red)

This article has been automatically translated, read the original article here.