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Sri Lanka has to find better options for state pensions: Budget 2017

ECONOMYNEXT – Sri Lanka has to find better options to serve state pensioner better, as the current unfunded pension scheme spells is fraught with risks, Finance Minister Ravi Karunanayake said.

 Sri Lanka’s pensions are now consuming large portion of the budget, he said.

Sri Lanka needed to look at alternative ways to provide state pensions, he said.
 

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