In a recent statement on the Browne and Browne Show, David Mathias, Director of the Antigua and Barbuda Social Security Board, affirmed that the current Antigua Labour Party (ALP) administration has not borrowed any funds from the Social Security Scheme. This declaration underscores the government’s dedication to maintaining the fund’s stability and integrity. Mathias emphasized that the administration has taken tangible steps to address outstanding liabilities, ensuring the scheme remains robust and functional. He highlighted that during the COVID-19 pandemic, when payments fell short, the government intervened to keep the scheme current and advance payment processing. Mathias also reassured the public that the Social Security Scheme is stable and projected to remain so well beyond 2031, the year previously identified as a potential risk point. These remarks come in response to opposition criticism regarding the scheme’s arrears and align with the government’s commitment to fully settle outstanding contributions. The director’s statements aim to bolster public confidence in the Social Security Scheme’s future and the government’s fiscal responsibility.
LISTEN: Social Security Director Says Gaston Browne Administration Never Borrowed From Social Security
