{"id":268611,"date":"2026-03-02T05:18:00","date_gmt":"2026-03-02T09:18:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=268611"},"modified":"2026-03-01T20:19:17","modified_gmt":"2026-03-02T00:19:17","slug":"antigua-paid-public-servants-by-the-24th-without-borrowing-pm-says","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-paid-public-servants-by-the-24th-without-borrowing-pm-says\/","title":{"rendered":"Antigua Paid Public Servants by the 24th Without Borrowing, PM Says"},"content":{"rendered":"
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Prime Minister Gaston Browne says the government paid public sector salaries and wages by the 24th of February without borrowing from the Eastern Caribbean Central Bank, marking what he described as a sign of improved fiscal stability.<\/p>

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Browne said the early payment reflects stronger revenue performance and tighter financial management.<\/p>\n\n\n\n

\u201cBy the 24th of the month, you know? And by the end of the month, we don\u2019t have to borrow,\u201d he said, contrasting the current position with previous periods when the government relied on short-term borrowing to meet payroll obligations.<\/p>

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He recalled that in earlier years, the administration sometimes had to seek assistance from the Central Bank or even request access to portions of other countries\u2019 credit limits to cover salaries and wages.<\/p>

\"\"<\/a><\/div>\n\n\n\n

\u201cThat\u2019s how bad it was,\u201d Browne said, referring to the fiscal challenges faced when his administration took office.<\/p>\n\n\n\n

He argued that improved revenue collections and economic growth have placed the government in a stronger position, allowing it to meet payroll obligations on time and use remaining monthly revenues to service debt.<\/p>

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\u201cWe\u2019re just sailing to the extent that by the 24th, we\u2019re paying you without borrowings,\u201d he said.<\/p>\n\n\n\n

While acknowledging that fiscal challenges remain, Browne maintained that the government\u2019s financial position has \u201cimproved remarkably\u201d compared with previous years.<\/p>

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The prime minister\u2019s comments come amid ongoing debate over public finances and economic management, as the administration continues to highlight what it describes as steady fiscal progress.<\/p>

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\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Prime Minister Gaston Browne says the government paid public sector salaries and wages by the 24th of February without borrowing from the Eastern Caribbean Central Bank, marking what he described as a sign of improved fiscal stability. Browne said the early payment reflects stronger revenue performance and tighter financial management. \u201cBy the 24th of the […]<\/p>\n","protected":false},"author":3,"featured_media":162475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-268611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"yoast_head":"\nAntigua Paid Public Servants by the 24th Without Borrowing, PM Says - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antigua-paid-public-servants-by-the-24th-without-borrowing-pm-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antigua Paid Public Servants by the 24th Without Borrowing, PM Says\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Gaston Browne says the government paid public sector salaries and wages by the 24th of February without borrowing from the Eastern Caribbean Central Bank, marking what he described as a sign of improved fiscal stability. 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