OECD: Norway faces pension reform

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NORWAY - If pension reform is not forthcoming, Norway faces an unsustainable budgetary situation in the long term, according to the latest Organisation for Economic Co-operation and Development (OECD) economic survey on Norway.

The report said: “If the current public sector reform programme does not rein in spending soon or if a pension reform is agreed in 2004 that is not ambitious enough, the current framework will be t...

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