Prime Minister Gaston Browne has announced plans to publish a booklet outlining strategies to secure the long-term viability of Antigua and Barbuda’s Social Security Scheme.
Speaking on the Browne and Browne show on Saturday, the prime minister said the booklet, titled The Transfer of Jolly Beach to Social Security: A Strategic Imperative, offers a detailed rationale and financial case for transferring the Jolly Beach Resort to the Social Security Fund.
Browne said the initiative supports the government’s model of “Entrepreneurial Socialism”—a strategy aimed at building national wealth through public-private partnerships.
The booklet also promotes reducing foreign economic dependence by shifting ownership of strategic assets into local hands, echoing previous efforts such as the national acquisition of shares in the West Indies Oil Company.
In its introduction, the Antigua and Barbuda government reaffirms its commitment to economic self-sufficiency and locally driven development.