Budgeting of Pension Fund Subsidiaries Must Be Transparent and Risk-Based

The head of the National Pension Fund, stressing the need to reform budgeting for subsidiary companies, said the 1406 budget framework must go beyond calculating resources and expenditures. By strengthening information transparency, risk management, and managerial accountability, it should become a tool for improving economic governance and safeguarding retirees' assets.

Emphasizing the necessity of reforming the budgeting system of subsidiaries, the CEO of the National Pension Fund said: the budget framework of 1406 should go beyond the calculation of resources and expenses, and by strengthening the transparency of information, risk management and accountability of managers, it should become a tool for improving economic governance and protecting pensioners' assets.