A devastating earthquake has shaken eastern Afghanistan, leaving our neighboring nation in profound grief and desperate need of rescue operations. The catastrophic tremors have claimed at least 1,400 precious lives and left over 3,000 people injured across the affected regions. Families have been torn apart, communities destroyed, and countless survivors remain trapped beneath the rubble, fighting for their lives as rescue teams race against time. International Response In response to this humanitarian crisis, the United Arab Emirates has mobilized comprehensive relief efforts under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. UAE Search and Rescue teams, alongside units from the Joint Operations Command, have been deployed to coordinate with local Afghan authorities. The UAE mission includes conducting crucial field assessments to determine proper response strategies, providing logistical support to affected areas, and executing rescue operations to ext...
As the Pakistani government prepares for discussions with the IMF later this month, one proposal on the table could impact many working people - raising the country's retirement age.
Currently in Pakistan, most government workers and those in the private sector can retire with a full pension at age 60. But with an aging population and financial pressures, some experts argue the retirement age needs to be pushed back to help the system's long-term sustainability.
The finance ministry is considering recommendations from the IMF and other advisers to gradually increase the retirement threshold. One plan under discussion would bump the age up by a few months or years every year over the next decade, eventually setting it at 63 or 65.
Proponents say Pakistan simply can't afford to have so many people leave the labor force in their late 50s anymore. An older retirement age would mean more years of contributions still being made to pension plans. It could also encourage skills and experience to stay active in the economy longer.
However, critics worry it may be too difficult a change for many Pakistanis who have physically demanding jobs. Living standards are challenging as it is for older people, and higher costs of living are hitting families hard. Pushing back the retirement limit could especially burden low-income groups.
Unions representing workers have pledged to resist any increase without guarantees like retraining programs or protection of existing pension rights. They argue the focus should be on solving unemployment, not compelling people to work more years than planned.
It's a complex debate balancing economic realities with people's quality of life. As discussions with the IMF continue, the government will need to carefully consider the different viewpoints to find an appropriate solution for the country's long-term fiscal health as well as citizens in their golden years.
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