Despite all the unforeseen challenges of the Covid-19 pandemic, the Ministry of Finance describes 2021 as a successful year for the National Insurance Board.
The Annual Report of the NIB for 2021 was laid in Parliament recently.
The Ministry says the number of contributors in the National Insurance System in 2021 was recorded at four hundred and forty-six thousand, one hundred and sixteen.
In a media release the Ministry says contributors increased by forty-thousand nine hundred and nineteen or ten point four percent.
The Ministry of Finance says the number of beneficiaries increased by zero point nine percent, from two hundred and four thousand, six hundred and thirteen in 2020 to two hundred and four, six hundred and thirteen in 2020 to two hundred and six thousand, five hundred and sixty-nine in 2021.