IMF Urges Pension, Budget Reform

Ljubljana, 16 March - A delegation of the International Monetary Fund (IMF) has urged Slovenia to undertake "substantive reforms of the pension system sooner than later" in order to ensure its sustainability. "If nothing is done now to improve the parameters of the system, calculations show that the system would be completely unsustainable by 2050," the head of the delegation, Piritta Sorsa, said at the end of the annual IMF mission on Friday.

Ljubljana, Banka Slovenije A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget. Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije
A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget.
Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget. Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije
A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget.
Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget. Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije
A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget.
Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget. Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije
A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget.
Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget. Photo: Stanko Gruden/STA

Ljubljana, Banka Slovenije
A delegation of the International Monetary Fund (IMF) headed by Piritta Sorsa (pictured) urged Slovenia to undertake pension reform and streamline the budget.
Photo: Stanko Gruden/STA

The rest of this news item is available to subscribers.
The news item consists of 2.084 characters (without spaces) or 378 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/mh/mh
© STA, 2007