-38,921 claims for sickness benefit disallowed
The National Insurance Scheme (NIS) saw a 16.5% rise in income for 2022 and a hefty boost to its insurance fund. The 2023 report is not yet available..
In previous years, the NIS had faced a grave deficiency in income amid growing expenses. There has however been a turnaround for 2022 and this is being linked to the increased collections due to the growth of jobs in the oil and gas industry where salaries are generally higher.
According to the report, total income for 2022 was $32.1b which reflected a 16.5% growth over the 2021 figure. The benefits paid for the year rose by 5.15% to $30.4b. The total expenditure for 2022 was $32.2b which left a deficit of $98m but much improved over the previous year when the deficit was $3.9b.