Lawmakers in Peru pass latest pension withdrawal proposal
- Country:
- Peru
Peru's Congress approved a controversial proposal on Thursday that will allow retirees to tap savings accounts that the country's financial regulator estimated could force pension fund administrators to sell some $7 billion in assets.
The bill was passed with 96 votes in favor, five against, and five abstentions.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement