Pakistan is facing a pension crisis which is straining the country’s fiscal resources. In a recently published article for Business Recorder, Ali Khizar wrote that pension spending has gone from “Rs 164 billion in FY 11” to “Rs988 billion in FY21.”
To talk about this crisis, Uzair Younus spoke to Ali Khizar and discussed what is going on and why it is important that Pakistan prioritize pension reforms.
If you are interested in diving deep into this topic, read Ali Khizar’s articles below:
Defusing the pension bomb – https://www.brecorder.com/news/40013934
How pension turned into a bomb – https://www.brecorder.com/news/40014859
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