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World Bank, Ukraine discuss pension reform law after “unfortunate” amendments
Journal Staff Report

KIEV, Nov 14 - The World Bank is working with the Ukrainian government to ensure a pension reform law is fair and fiscally sound despite being watered down with “unfortunate” amendments, World Bank President Jim Yong Kim said on Tuesday, Reuters reported.

The October reform aims to plug a pension deficit of $5 billion and is a condition for more financial assistance from the International Monetary Fund, which supports Ukraine’s war-scarred economy with a $17.5-billion bailout program.




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