UPP Protests Government’s Plans for Jolly Beach and Social Security

Members of the United Progressive Party (UPP) and supporters gathered outside the Social Security Office on Monday to protest against the government’s decision to utilize 27 acres of prime beachfront land at Jolly Beach.

This plan is intended to settle part of a $330 million delinquent government bond owed to the Social Security Board. The bond in question was issued in 2010 under a previous administration and has remained non-performing for over a decade.

The UPP has been vocally opposed to this move since it was first announced, raising concerns over the long-term implications for the community and the preservation of national assets.

Protesters urged the government to reconsider the decision, arguing that this land should be used to benefit the public rather than settle financial debts.

Prime Minister Gaston Browne has defended his government’s actions, describing them as a bold and visionary initiative aimed at ensuring the long-term sustainability of Antigua and Barbuda’s National Social Security Scheme.

He says the redevelopment of the Jolly Beach Hotel is positioned as a strategic investment that will not only enhance the Social Security’s revenue base but also restore a vital national asset, create jobs, and boost tourism in the region.

The bond in question was issued in 2010 under a previous administration and has remained non-performing for over a decade.