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Reforms will not solve Mexico pension challenges

Location:

MEXICO

The rules governing both management of and payouts from private retirement funds (AFORES) are being revised substantially, and employers are footing the bill.

Chile pension reform will not address grievances

Location:

CHILE

Pension reform plans.

Uruguay's challenges mount despite pension reform win

Location:

URUGUAY

Standard & Poor’s (S&P) had already raised Uruguay’s rating to BBB+, with a stable outlook, citing “prudent fiscal management”, but warning of still-high inflation. Despite…

UK voters will ignore budget and elect hung parliament

Location:

UNITED KINGDOM

The budget will prove to be all but the last political event before the final campaign and the May 7 general election. Although the detail had to be determined in cooperation with…

Egypt will find it hard to hit budget targets

Location:

EGYPT

The Ukraine war has had a damaging effect on the Egyptian economy, but the government has presented a budget for the 2022/23 (July-June) fiscal year that aims to trim the fiscal…

Chilean government's pension 'win' will prove limited

Location:

CHILE

However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…

Peru pension proposals pose sustainability questions

Location:

PERU

The executive opposes measures that would decapitalise the pension system and further exacerbate short-term fiscal difficulties. These call into question the future of the pension…

Policies will improve conditions for Japan's start-ups

Location:

JAPAN

The Cabinet Office will issue specific plans by year-end, but discussions already indicate several new policies, including public-private financing using the government pension…

Government may water down Greek pension reform

Location:

GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Reforms seek long-term economic benefits in Uruguay

Location:

URUGUAY

Uruguay’s pension system has various sub-systems by sector and profession, and the mounting deficit is making change increasingly critical. President Luis Lacalle Pou is aiming to…