The International Monetary Fund (IMF) has spotlighted the growing fiscal challenges posed by Andorra’s aging population, urging comprehensive reforms to the nation’s pension and healthcare systems. As life expectancy rises and birth rates decline, Andorra faces mounting pressure on public finances, with looming concerns over the sustainability of current social welfare schemes. This report underscores the urgent need for policy adjustments to safeguard economic stability while ensuring adequate support for the elderly, marking a pivotal moment for the country’s long-term fiscal planning.
Fiscal Challenges Loom as Andorra Faces Rising Pension Costs Amid Aging Population
Andorra’s demographic shift toward an older population is exerting unprecedented pressure on its fiscal framework, particularly in terms of pension sustainability. With the share of citizens aged 65 and above steadily increasing, pension expenditures are expected to surge significantly over the next two…
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Author : Atticus Reed
Publish date : 2025-08-15 22:25:00
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