MOSCOW (Sputnik) – Finnish Prime Minister Juha Sipila is reportedly supportive of the idea and most of the major political parties also back the initiative.
"For me, a basic income means simplifying the social security system," Sipila was quoted as saying by the Quartz news outlet.
The government is expected to adopt a final decision on the move in November 2016.
A poll released by the Finnish Social Insurance Institution (KELA) in late September revealed that 69 percent of respondents support the basic income plan.
A similar initiative has already been put forward in the Netherlands, with the city of Utrecht due to undergo the economic experiment.