In December 2016, when the Finnish Parliament authorized the experiment, it was reported that after a two-year period a decision will be made on whether to extend the payment of guaranteed income for all unemployed.
The Finnish social security office was hoping to expand the program this year, but the government instead made a decision to end it in January 2019. They rejected extra funding [for it]...
"The eagerness of the government is evaporating", Professor Olli Kangas, one of the experiment's designers, told the BBC.
The head of the social affairs ministry, Liisa Siika-aho, said that at least some 50 million euros is required should officials decide to expand the trial to include other low-income groups such as freelancers, small-scale entrepreneurs and part-time workers. "I regret that the experiment will not be continued, that was an interesting and useful experience", Kela's representative Olla Kangas said, as quoted by the Yle broadcaster. The 2,000 participants in the program, all unemployed, were randomly selected.
The full results of the pilot project will only be announced by the end of 2019.
When Finland started the experiment, the unemployment rate in the country was 9.2% - higher than its Nordic neighbors. But a recent think tank study also found the country's income tax would have to increase by nearly 30 percent to fund basic income in Finland.
That, and the complexity of the Finnish social benefits system, had fuelled the calls for ambitious social security reforms, including the basic income trial.
In February, the Organization for Economic Cooperation and Development (OECD) announced that a universal credit system such as that introduced in the United Kingdom would work better than Finland's unconditional basic income.