Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and Thailand plan to expand cooperation on pension provision, focusing on the management of funded pension systems, asset investment and specialist training.
The issues were discussed at a meeting held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank.
Participants included N. Shadikhodzhayev, deputy executive director of Uzbekistan’s Pension Fund; Man Juttijudata, deputy secretary-general for strategy at Thailand’s Government Pension Fund (GPF); and Prechada Pansing, deputy secretary-general for investments.
The sides exchanged views on the current state of their respective pension systems, approaches to developing funded pension provision and the management of related mechanisms. Investment of pension assets and the management of associated risks were also discussed.
Following the meeting, the participants agreed to continue exchanging practical experience and develop cooperation in training specialists to manage funded pension systems.