Maldives need to drop double pension: World Bank

2 days ago

World Bank has recommended Maldives to drop double pension to mitigate potential economic risks. While speaking at the Maldives Finance Forum 2024, organized by the Maldives Pension Administration Office (MPAO), the Senior Economist of the World Bank Robert Palacios stressed the pension system in Maldives is not sustainable, and suggested rectifications. Speaking on the topic of “A Sustainable Pension System”, Palacios highlighted