{"id":194647,"date":"2024-01-28T20:21:01","date_gmt":"2024-01-29T00:21:01","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=194647"},"modified":"2024-01-28T20:21:01","modified_gmt":"2024-01-29T00:21:01","slug":"imf-executive-board-concludes-2023-article-iv-consultation-with-antigua-and-barbuda","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/imf-executive-board-concludes-2023-article-iv-consultation-with-antigua-and-barbuda\/","title":{"rendered":"IMF Executive Board Concludes 2023 Article IV Consultation with Antigua and Barbuda"},"content":{"rendered":"<div id=\"antig-3733935126\" class=\"antig-ecab antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-2966995666\" class=\"antig-before-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/medicalbenefitsscheme\" aria-label=\"ce741a73-c70c-446b-af7f-da2abe2b62bb\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/ce741a73-c70c-446b-af7f-da2abe2b62bb.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/ce741a73-c70c-446b-af7f-da2abe2b62bb.jpeg 1200w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/ce741a73-c70c-446b-af7f-da2abe2b62bb.jpeg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:341\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/ce741a73-c70c-446b-af7f-da2abe2b62bb.jpeg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/ce741a73-c70c-446b-af7f-da2abe2b62bb.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1200\" height=\"400\"   \/><\/a><\/div><p>Washington, DC:\u00a0On November 29, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation<a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid=em-COM-123-47789#_ftn1\" target=\"_blank\" rel=\"nofollow noopener\" name=\"m_-8888935380901710770__ftnref1\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid%3Dem-COM-123-47789%23_ftn1&amp;source=gmail&amp;ust=1706568359266000&amp;usg=AOvVaw3Pmr5BFq8SdHGPceEP2_dH\">[1]<\/a>\u00a0with Antigua and Barbuda.<\/p><div id=\"antig-3356072638\" class=\"antig-content_5 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"ABLP_Red-&#038;-Reddy_Web_1000x250\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>\n<p>Antigua and Barbuda\u2019s economy continues to bounce back from the sharp contraction experienced during the COVID-19 pandemic. Real activity is expected to return to pre-pandemic levels this year, with growth projected at 5.7 percent, driven by a rebound in tourism and construction activity. Inflation has declined from 2022 peaks but remains elevated (at 6.6 percent in August this year), accompanied by moderating core inflation. The financial sector is well capitalized and liquid and the share of nonperforming loans is stable, with credit growth remaining weak.<\/p>\n<p>The fiscal position has improved as the deficit and debt have declined, though gross financing needs remain high. Improved revenues and continued public sector payroll restraint, along with a rise in nominal GDP, have brought down the primary deficit to 1.7 percent of GDP and the public debt to 87 percent of GDP in 2022. However, gross financing needs remain high at 14 percent of GDP, and an inability to access international capital markets continues to limit financing options. Despite some progress, the stock of outstanding arrears owed to external creditors and domestic suppliers persists.<\/p><div id=\"antig-2869663165\" class=\"antig-content_4 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-1636663197\" class=\"antig-content_12 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"ABLP_Red-&#038;-Reddy_Web_1000x250\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/ABLP_Red-Reddy_Web_1000x250.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>\n<p>Growth is expected to moderate and gradually converge to its long-term trend, and price pressures are expected to dissipate in 2024. However, Antigua and Barbuda faces a number of downside risks. Inflation may persist longer than expected from higher global commodity prices. The fiscal position may deteriorate if arrears continue to accumulate, or if the current financing options become unavailable or unaffordable, particularly if the planned deficit reduction is not realized. Real activity growth may decline due to slower-than-expected growth in trading partners and a further strengthening of the U.S. dollar. Climate change may lead to droughts and hurricanes of higher severity and frequency.<\/p><div id=\"antig-3519203730\" class=\"antig-content antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"culinary\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2560w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:132\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:450\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:337\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:675\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1536w, https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:842\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2048w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"2560\" height=\"1124\"   \/><\/a><\/div>\n<p>Executive Board Assessment<a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid=em-COM-123-47789#_ftn2\" target=\"_blank\" rel=\"nofollow noopener\" name=\"m_-8888935380901710770__ftnref2\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid%3Dem-COM-123-47789%23_ftn2&amp;source=gmail&amp;ust=1706568359266000&amp;usg=AOvVaw1N6Yn_M1bTzu2nNudS1zke\">[2]<\/a><\/p>\n<p>Executive Directors agreed with the thrust of the staff appraisal. They welcomed Antigua and Barbuda\u2019s robust recovery over the past two years, with real GDP expected to return to pre-pandemic levels this year, and the declining debt ratio and inflation rate. Directors concurred that while the near-term growth outlook is favorable, it remains subject to downside risks, including from weaker tourism performance, unfavorable financing conditions, and natural disasters. They emphasized the need for decisive actions to address fiscal and external imbalances and further efforts to improve growth prospects and build resilience. Directors highlighted the importance of continued close collaboration with the Fund and other development partners to address imbalances and build capacity.<\/p><div id=\"antig-1589378603\" class=\"antig-content_2 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"500X500 (1)\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 500w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:150\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" width=\"500\" height=\"500\"   \/><\/a><\/div>\n<p>Directors underscored the need for fiscal adjustment and welcomed the authorities\u2019 focus on revenue mobilization and expenditure restraint. Important measures include limiting discretionary tax exemptions and broadening the Antigua and Barbuda Sales Tax (ABST) base. Directors agreed that these measures should be supported by a sound cash and debt management strategy, focused on lengthening debt maturities and contingency planning. Recognizing the importance of restoring debt sustainability, Directors stressed the need for close engagement with creditors and domestic suppliers and a concrete plan to resolve existing arrears and avoid new arrears. They also recommended strengthening the social safety net to provide more targeted support for the vulnerable and centralizing programs to reduce coverage gaps and avoid duplication.<\/p>\n<p>Directors agreed that fiscal institutions should be enhanced to support the credibility of the fiscal framework. Addressing shortcomings in the transparency and exchange of information frameworks for tax purposes would facilitate an exit from the EU list of noncooperative jurisdictions for tax purposes.<\/p><div id=\"antig-4223934766\" class=\"antig-content_3 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"1000436969\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/1000436969.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/1000436969.jpg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/1000436969.jpg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/1000436969.jpg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/1000436969.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n<p>Directors welcomed that the financial sector remains stable and liquid and encouraged continued measures to strengthen financial stability. They recommended enhancing the oversight and regulation of credit unions and incorporating climate risks into the stress testing framework. Directors welcomed the authorities\u2019 commitment to continue to strengthen the AML\/CFT and Citizenship-by-Investment Program (CIP) frameworks.<\/p><div id=\"antig-148308745\" class=\"antig-content_6 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div>\n<p>Directors recognized the ongoing initiatives to boost growth and build resilience. They recommended continuing efforts to boost tourism, including by increasing flight connectivity. While welcoming the investments in education and training, Directors encouraged further steps to strengthen active labor market policies and expand opportunities for vocational training. Noting the challenges associated with transition to renewable energy, Directors welcomed the efforts to increase donor support for climate change-related projects.<\/p>\n<p>It is expected that the next Article IV Consultation with Antigua and Barbuda will be held on the standard 12-month cycle.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid=em-COM-123-47789#_ftnref1\" target=\"_blank\" rel=\"nofollow noopener\" name=\"m_-8888935380901710770__ftn1\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid%3Dem-COM-123-47789%23_ftnref1&amp;source=gmail&amp;ust=1706568359266000&amp;usg=AOvVaw0slZQgW-n2M-MlUNtFNByy\">[1]<\/a>\u00a0Under Article IV of the IMF&#8217;s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country&#8217;s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.<\/p>\n<p><a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid=em-COM-123-47789#_ftnref2\" target=\"_blank\" rel=\"nofollow noopener\" name=\"m_-8888935380901710770__ftn2\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.imf.org\/en\/News\/Articles\/2024\/01\/23\/pr2422-imf-concludes-2023-article-iv-consultation-with-antigua-and-barbuda?cid%3Dem-COM-123-47789%23_ftnref2&amp;source=gmail&amp;ust=1706568359266000&amp;usg=AOvVaw0X_Y04drbY57kICrCZNoWo\">[2]<\/a>\u00a0At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country&#8217;s authorities. An explanation of any qualifiers used in summings up can be found here:\u00a0<a href=\"http:\/\/www.imf.org\/external\/np\/sec\/misc\/qualifiers.htm\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/www.imf.org\/external\/np\/sec\/misc\/qualifiers.htm&amp;source=gmail&amp;ust=1706568359266000&amp;usg=AOvVaw2CJX-9Rc552XCaALGVAdWM\">http:\/\/www.IMF.org\/<wbr \/>external\/np\/sec\/misc\/<wbr \/>qualifiers.htm<\/a>.<\/p>\n<div id=\"antig-288866273\" class=\"antig-in-comments_2 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/@hadeedmotorsltd\" aria-label=\"Hadeed_WEB_Banner_MG-2\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Washington, DC:\u00a0On November 29, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1]\u00a0with Antigua and Barbuda. Antigua and Barbuda\u2019s economy continues to bounce back from the sharp contraction experienced during the COVID-19 pandemic. Real activity is expected to return to pre-pandemic levels this year, with growth projected at 5.7 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":160437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-194647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF Executive Board Concludes 2023 Article IV Consultation with Antigua and Barbuda - 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\/imf-executive-board-concludes-2023-article-iv-consultation-with-antigua-and-barbuda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF Executive Board Concludes 2023 Article IV Consultation with Antigua and Barbuda\" \/>\n<meta property=\"og:description\" content=\"Washington, DC:\u00a0On November 29, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1]\u00a0with Antigua and Barbuda. Antigua and Barbuda\u2019s economy continues to bounce back from the sharp contraction experienced during the COVID-19 pandemic. 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