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Engels

SZF suffers tens of millions in losses but has money for controversial contracts

PARAMARIBO - The financial position of the State Health Insurance Fund (SZF) is under increasing pressure due to the huge gap between its income and expenditures.

Times of Suriname

The financial report from 2025 indicates that the SZF received about SRD 4.1 billion in income but that the expenditures totalled about SRD 4.2 billion with a negative balance of SRD 23.6 million. Despite these figures the director of the company deemed it necessary to hire expensive consultants and other people without clearly describing what kind of work they did for the company.

Health, Welfare and Labor Minister André Misiekaba pointed out that the SZF received SRD 1.7 billion in subsidy in 2025 and that this figure is expected to rise in 2026. It is expected that the SZF could require a state subsidy of about SRD 2.4 billion annually. According to Misiekaba, the growing costs are at the core of the problem.

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SZF suffers tens of millions in losses but has money for controversial contracts