In a significant parliamentary update, Prime Minister Gaston Browne revealed that Antigua and Barbuda’s Social Security Scheme has achieved a surplus exceeding $30 million. Addressing the Parliament, Browne emphasized that this figure is expected to grow as the government intensifies reforms aimed at ensuring the fund’s long-term sustainability. The announcement came in response to inquiries from the Opposition Bench, with Browne confirming that the audited financial statements and management accounts of the Social Security Board had been formally submitted to Parliament. Browne detailed the standard procedure, which involves sending these documents to the Ministry of Legal Affairs for inclusion on the parliamentary agenda. He assured that he had personally verified the inclusion of the latest financial records in the day’s agenda. When questioned further about the fund’s financial health, Browne described the surplus as a “moving target” that continues to improve due to ongoing government initiatives. This development underscores the administration’s commitment to bolstering the nation’s social security infrastructure and ensuring its resilience for future generations.
