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Central bank under fire as oil falls and pension savings seized

Original: The Central Bank has lost its mind. Oil plummeted by $40. Citizens' pension savings are being sei...

Criticism is mounting against the Central Bank, with commentators accusing it of losing its judgment after oil prices plummeted to around $40 and citizens' pension savings were reportedly being seized. The claims tie together falling oil revenues, financial instability and a crackdown on private retirement funds, fuelling public anger over economic management and fears for household savings.

Why now: Falling oil prices and reports of pension savings being seized have stoked public anger at the Central Bank's policies.

Central Bankoil marketpension savings

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• The Central Bank has lost its mind. Oil plummeted by $40. Citizens' pension savings are being sei... · Вячеслав Ширяев · 208K

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