Burkina Faso Amendments Social Security Contribution Rates

Burkina Faso's Ministry of Public Service, Labor, and Social Protection announced the issuance of four decrees on 1 March 2023 to improve the working and living conditions of workers. One of the main decrees is Decree N°2023-0129/PRES-TRANS /PM/MFPTPS/MEFP, which sets the contributions rates under the social security scheme applicable to employees in Burkina Faso. This includes that the employer social security contribution is set to 16%, broken down as follows:

• 8.5% for pension;
• 1.5% for …