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Thursday 24 June 2021
HomeNewsTunisia: deficit of social funds to reach 1,326 MTD in 2017 (Exclusive)

Tunisia: deficit of social funds to reach 1,326 MTD in 2017 (Exclusive)

The deficit of social funds (CNRPS, CNSS, CNAM) in Tunisia continues to widen. At the level of the National Social Security Fund (CNSS), the financial situation is worrying. The latest estimates by the Ministry of Social Affairs put the deficit at 588 million dinars (MD) this year, mainly due to the imbalance in the pension system, i.e. 993 MTD.

As for the National Pension and Social Security Fund (CNRPS), the accounting results also seem negative (-484MTD), which could be explained by the deficit of 546 MTD of the pension scheme.

The National Health Insurance Fund (CNAM) remains the only fund with positive results, with estimates of the order of 134.1 MTD despite the fact that the pension scheme would have a deficit of 99.6 MTD.

The accounting deficit of these funds remains increasingly worrying and is likely to reach 1,326 MD in 2017, if the incumbent authorities fail to launch the necessary reforms.

This deficit would be distributed as follows: -805.8 MTD for CNSS and -608 MTD for CNRPS.

It should be pointed out that the draft finance law 2017 has planned to disburse 500 MTD to reduce the gap of the social funds.

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