Economics Part B

Table of Contents

Government support Payments

Government support Payments Explained

Supports are payments transferred by the government to those in need. Most of the support payments are for payment of allowances and are transferred via the National Insurance Institute. The allowances are given so as to assist people whose incomes are low or whose income has been reduced as a result of a one-off event. There are a number of types of allowances: child allowances, unemployment allowances, old age allowances, income support allowances, birth allowances and others.