Pension systems in east Africa a deep dive

By World Bank Group

Although the populations of the countries in East Africa are still young, there is a growing awareness among policy makers that they too will face the interlocking challenges of demographics and urbanization. The lesson learned from other regions is that policies need to be put in place now to ensure that pension systems are robust and affordable. So too, pension savings should be used to fund economic growth and development. Otherwise, we risk the fate of becoming old before we become rich.

This book was initiated by the pension regulators, specialists, consultants and practitioners within the East African Community (EAC) partner states. Many of us have partnered with the World Bank on pension reforms in our countries. Together, we drew on global policy lessons and experience, and are glad to do so again for this publication.

 

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