How to plan your retirement and pay it off
As the pension plan for the United Nations’ pension fund gets closer to becoming insolvent, Australia is looking to boost the value of its investments.
The United Nations is set to become the first nation to default on its pensions, leaving its fund at risk of going bust and forcing it to raise taxes.
The U.N. will default on about $1.5 billion of its $1 trillion in assets next year.
It has a debt of about $300 billion.
The $400 billion the fund holds in bonds has also been reduced.
With its finances in such dire straits, it is in a difficult position to sell its bonds or make any other investments.
In its statement on Wednesday, the U.S. Treasury Department said the U,N.
would need to increase its cash flow by more than $10 billion next year if it is to meet its $50 billion debt service obligation.
It said the plan could increase the U.,N.
to a total debt of $150 billion by 2023.
The Treasury said the fund would need an additional $10.4 billion in annual cash flow to meet that debt.
The IMF’s chief economist, Christine Lagarde, said the IMF was “pushing hard” for a bailout of the U N. and that it had raised the prospect of raising interest rates to boost bond yields.
But she said a bailout would have to be backed by new tax measures and by reducing interest rates, which the IMF has said is unlikely.
Ms Lagarde said the current interest rates on the UN’s debt were unsustainable.
“It is not a great time to have a bank default on a $1 billion bond,” she said.
“You have got to raise interest rates.
The longer you wait, the worse it gets.”
is currently in talks with the IMF about a rescue.
It will take a loan of $15 billion to cover its debts and it has been warned that a default could lead to the end of the fund.
The fund’s debt is about $4.5 trillion and it relies heavily on private investors for financing.
“The current debt of the United States is about three times higher than the Un, and that’s not a coincidence,” said Stephen Coughlan, head of research at investment bank Morningstar.
“If the U Nations defaulted, it could really cause havoc for investors and the international economy.”
The United States has been the largest investor in the U n. and in general is a key partner for the U-N.
and the IMF.
The two have worked together to try to raise more than half of the country’s annual gross domestic product.
It is believed the U is worth about $100 billion.
Australia’s government will hold a major stake in the fund, which manages more than 90 per cent of the $1,600 billion of assets, or about $70 billion.
It would also hold stakes in the rest of the assets, which are managed by the U’s pension fund.
Investors from Australia and the U have held a series of meetings in recent weeks to seek help from the fund’s creditors, including the U and the European Union.