Rise in retirement age and structural reforms, securing an IMF Deal

Rise in retirement age and structural reforms, securing an IMF Deal

Rise in retirement age and structural reforms, securing an IMF Deal

In the wake of the IMF’s visit to Pakistan, the government is considering increasing the retirement age limit. Such an action will result in laying-off pension payments. Broadening the economic structure, Finance Minister Muhammad Aurangzeb said “service structure will be changed over some time to reduce its burden”; cutting off pensions by increasing the retirement age.  Muhammad Aurangzeb, Law Minister Azam Nazeer Tarar, […]