Effective May 1, necessary reforms will be made to Antigua and Barbuda Social Security Board which help to ensure viability and sustainability, Director David Matthias said.

The Eastern Caribbean Currency Union (ECCU) member countries  are expected to receive further training and technical support during 2013/2014 in negotiation techniques for sources of finance; conducting a review of the current debt legislation in the ECCU; and assistance with utilising policy tools, such as debt management strategies.

Twenty four hours after the Social Security boss announced the intention to implement “almost immediately” some of the proposed changes to the Social Security Scheme, a part board member has warned that such changes should not be rushed.

Government will conclude a series of public consultations on April 10, 2013, aimed at agreeing measures, potentially including a hike to social security contribution rates, to plug the state pension funding deficit.