Charles Kouassi, Director General of the CNPS (Ph KOACI)

The 2012 reforms gave a new face to the national social security fund (CNPS).

Since this reform, now turned towards issues of financial management and investment, the CNPS, while keeping its solidarity regime, has, through its results for the last six (6) years, achieved budget surpluses.

This is the information that was given by its general manager Charles Kouassi, yesterday Tuesday January 28, 2020 at the Plateau during a press lunch, as noted on the spot by KOACI.

The Director General of the CPNS informed the press that with the financial, monetary and real estate investments of its structure, the retirement of subscribers is in no way compromised.

477 billion invested by the CNPS in the economy over the last three years which, according to Charles Kouassi, will have made it possible to increase by 21%.

The director general of the CNPS wanted to reassure the public that the investments that his structure meets criteria.

He said that with retirement money, you shouldn't take too much risk. this is why according to the investment policy 13% of the money is placed in risky assets and 70% in non-risky assets.

For the year 2020, the CNPS intends to exceed the milestone of 120 billion in budget surpluses.

At this ceremony, it was up to Soraya Diallo, from the financial rating agency Bloomfield, to assign a rating to the CNPS on behalf of her structure.

She said that this CNPS financial rating was the first in the Uemoa zone.

For her, this first evaluation was made over five (5) years and was based on the performance and profitability of the CNPS.

According to the head of the rating agency, this analysis took into account the history of the CNPS, the provisional results for 2019, revenue growth, profitability, investment performance, changes in indebtedness and its management, management of any liquidity risks, capitalization.

These analyzes make it possible, according to Soraya Diallo, to assign the long-term rating of "AA" to the CNPS, which denotes a low credit risk.

"The CNPS is an entity that we consider to be very solid. We have very significant liquidity which allows the CNPS to be very flexible. There is no risk of short-term liquidity default", he said. she clarified.

In the short term, the financial rating agency has assigned an A+ rating to the CNPS which, it specifies, has a high level of unpaid bills.

The presentation of the various online platforms of the CNPS promoting rapid access to the services of the structure came to end the ceremony.