housing based on its loan policy granted loans to its young first-time homebuyers at
preferential rates and without down payment, subject to their borrowing capacity. This was
the classical housing loan for youths. The institution further supported Government’s 10,000
low-cost houses Programme through loans at preferential rates to purchasers of houses of the
said Programme.
398- In addition, the sales price of the houses that are fixed in compliance with the Low-cost
Houses Programme defined in Chapter III of Order No. 9/E/2/MINDUH of 21 August 2008 to
lay down the standards of low-cost houses, is largely below the real building cost.
399- Between 2013 and 2018, the CFC granted more than CFAF102,000,000,000 in loans for
the construction of houses for individuals, including CFAF25,000,000,000 in loans to women
directly. In 2014, the CFC granted 401 loans worth CFAF13,955,803,104240 of which 76 as
part of the Government Programme worth CFAF1,358,000,000241. The number increased to
475 loans in 2016 worth CFAF19,739,612,376242 out of the 543 applications for loans
received, while 22 applications were pending financing. In 2017, the number of loans dropped
to 466 worth CFAF19,357,376,309243 which enabled the financing of 1,748 houses.
400- MAETUR benefitted from the financial support of some CFAF10,000,000,000244 for the
relaunch of its activities. The funds were used to acquire land and construct primary road and
other networks.
Section 7: Right to Social Security (Article 16 (2))
401- The answers provided in §222-227 of the previous Report devoted to social security
reform by Government remain relevant. In this regard, between 2013 and 2018, the process to
extend social security continued with an impact on the payment of benefits to insured persons
some of who sort remedies at law to preserve their rights.
A: Extension of Social Security
402- In a bid to obtain social security coverage for a large number of persons, persons who
are not subject to compulsory insurance were included pursuant to Decree No. 2014/2377/PM
of 13 August 2014 to lay down the terms and conditions of management of voluntary
contributors to the old-age and disability pensions, and death benefits245. In addition, the
ceiling of contributions was raised from CFAF300,000246 to CFAF750,000247 while the
amount of family allowance and other social benefits were also increased pursuant to Decree
No. 2016/34 of 21 January 2016 to increase the amount of family allowance paid to workers.
of a duration of 25 to 300 months at an interest rate of 4.193% excluding taxes; a classical social land loan of a
duration of 25 to 300 months at an interest rate of 4.193% excluding taxes; a classical purchaser land loan of a
duration of 25 to 360 months at an interest rate of 5.032% excluding taxes; the classical youth loan without
personal contribution of a duration of 25 to 300 months at an interest rate of from 3.145% to 3.355% excluding
taxes
240
About 21 306 569 Euros
241
About 30,136,812.79 Euros
242
Soit 30 136 812,79 euros.
243
About 29, 528, 451. 39 Euros
244
About 15 267 175 Euros.
245
In the meaning of the instrument, voluntary insured persons include:
persons who are capable of contributing but who are not subject to compulsory contribution against old
age, disability and death risks;
workers who do not fulfil the conditions of affiliation to the general scheme of State personnel, or not
affiliated to any special social security scheme;
formerly insured persons who continue to fulfil the conditions of the general scheme.
246
About 458,015 Euros.
247
See Decree No. 2016/72 of 15 February 2016 to fix the social contribution rates and remuneration ceilings
applicable to family allowance, old age and disability pensions, and death benefits, industrial injury and
occupational diseases benefits managed by the National Social Insurance Fund (NSIF).
70