The Security Soon Hit by a "Liquidity Crisis"? The Serious Alert of the Court of Auditors

The Court of Auditors warns of a worrying slippage in social security finances, with a deficit of EUR 15.3 billion in 2024, mainly due to the disease branch. It points to overoptimistic budget forecasts, an explosion in expenditure (Ondam) and calls for urgent reforms, notably on the paramedical interim, hospital support functions and the fight against fraud.

The Court of Auditors sounds alarmed at a "out-of-control" financial trajectory, with a risk of liquidity crisis as early as 2027.

The Court of Auditors today denounces the "continuous drives" of social security expenditure. Its annual report evokes a financial trajectory "out of control". The spectre of a liquidity crisis is becoming "more and more serious", according to the institution. - The security soon hit by a "crise of liquidity" ? The serious alert of the Court of Auditors (Health and well-being).

EDITORIAL. The critical situation of the social accounts, highlighted by a report by the Court of Auditors alerting to a risk of 'failure to pay', requires a surge on the part of Parliament in order to find compromises.

This Thursday, the Council of Public Finance (CFP) published a report analysing the budget implementation of the Social Security and the General Box of Presentations in 2024. What do the numbers tell us?

"The size of the short-term capital market" used by the Social Security Financing Agency, "may not be sufficient" to absorb the amount of borrowing it will need, writes the Court in its annual report on the application of the Security Financing Law