New pension law unsustainable, public spending double by 2021(CDR)
Publicat:The draft of the new pension law that almost doubles the public spending with the pensions by 2021, namely it will make them grow by over 130pct until 2022, is unsustainable, since it is not accompanied by the public revenues' increase measures, the Coalition for Romania's Development (CDR) warns in a press release sent to AGERPRES on Monday.
The CDR notes that the new draft pension law will generate an additional burden of rd 6.6pct of the gross domestic product estimated for 2022, that is adding to the optimistic projection of an annual 3pct budget deficit.
"According to the…
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