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Peru Court Scraps Law Allowing Withdrawals from State-run Pension System

RIO DE JANEIRO, BRAZIL - On Thursday, February 4th, Peru’s Constitutional Court tossed out a law that would have allowed partial withdrawals of savings by citizens enrolled with state pension fund, a measure that had prompted fierce opposition from interim President Francisco Sagasti.

The court said in a statement that it had voted unanimously to overturn the law, calling it “unconstitutional.”

The law passed by opposition members of Congress in December, intended as a lifeline . . .

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