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View all search resultsFinancial Transaction Reports and Analysis Centre (PPATK) head Ivan Yustiavandana denied any intention to limit ones’ rights to bank transactions with the dormant account suspension policy, saying that the move was taken to prevent criminal acts that often exploit inactive bank accounts.
The country's social security system, now over 20 years old, might need reforms for an across-the-board upgrade to reflect contemporary conditions and trends, such as an aging population and a shift from traditional, family-based elderly care, as well as inclusion of a growing informal sector.
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