Tuesday, January 24, 2017

$83 million surplus in NSSF’s 2016 budget. Increase in subscribers, decrease in pharmaceutical prices


The National Social Security Fund (NSSF) achieved a surplus of $83 million in 2016, up 85 percent compared to 2015.

Revenues from the family compensation fund reached $303 million last year, increasing 3.6 compared to 2015. Expenditures on this department reached $240 million registering four percent increase compared to 2015.

Surplus in this fund reached $60 million, increasing 6.5 percent compared to the year 2015.

Revenues from the sick and maternity fund were $760 mill...

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