PM meets execs of pension fund management societies

Prime Minister Tihomir Oreskovic met on Monday with representatives of mandatory pension fund management societies who presented their work so far, including investments and yields, the government said in a press release.

They talked about the role of pension funds in strengthening economic activity, given that the assets managed by mandatory pension funds total HRK 74.04 billion (EUR 9.75b), and about putting unused state property to economic use in order to attract new investments.

Oreskovic said that if unused state property, which represents dormant capital and causes additional cost to the state, was activated by the end of the year, EUR 500 million could be generated and invested into the economy.

Also present at the meeting were Finance Minister Zdravko Maric, Labour and Pension System Minister Nada Sikic and Infrastructure Minister Oleg Butkovic.

Last update: Mon, 15/02/2016 - 15:33
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