Social protection expert Badr Smaoui spoke on Express FM about the worsening deficit of social security funds, which continues to grow year after year despite the surplus generated by the National Health Insurance Fund (CNAM).
The deficit of the National Pension and Social Security Fund (CNRPS) has been steadily increasing, reaching around 600 million dinars in 2023.
In 2024, it reached 700 million dinars and is expected to rise to 1,130 million dinars in 2025, he added.
The CNSS also recorded a deficit of 950 million dinars in 2023, which deepened to 1,230 million dinars in 2024 (provisional result). It is expected to exceed 1,400 million dinars in 2025.
As for the CNAM, it recorded a surplus of around one billion dinars in 2023. This surplus decreased to 860 million dinars in 2024 and is expected to fall to around 760 million dinars in 2025.
It should be noted that, from an accounting standpoint, the CNAM is facing a liquidity shortage due to its debts to the CNRPS and CNSS.
Badr Smaoui added that CNAM’s main debts to the other funds amount to 8 billion dinars.
Regarding the social loans announced by the CNSS for contributors, including personal loans, car loans, and housing construction loans, he considered them a failure and said the decision was flawed from the outset, as it was not part of a broader vision for social fund systems and was not accompanied by a set of supporting measures.
He explained that none of the 800 million dinars allocated for these loans as part of the social solidarity contribution had been disbursed. He added that lists had been drawn up, but the project remained stalled.
He stated that the Minister of Social Affairs said last June that the mistake regarding these loans lay in increasing their amount, which led to a decrease in the number of beneficiaries.
The minister had then indicated that the loan allocation mechanism would be revised, with the need to increase financial allocations.
