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.