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Treasury exec: Gov’t spending more on pensions than troop training

2 years ago Philippines inquirer

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MANILA, Philippines — The government is spending more on the pensions of its retired police and military personnel than on maintaining its active force, the government’s treasurer told the Senate at a hearing on Monday. National Treasurer Rosalia de Leon also cited the need to overhaul the current pension system—as the International Monetary Fund has […]

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Tags : treasury spending pensions troop training

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