{"id":225693,"date":"2025-02-16T05:00:00","date_gmt":"2025-02-16T09:00:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=225693"},"modified":"2025-02-15T21:50:40","modified_gmt":"2025-02-16T01:50:40","slug":"antigua-barbudas-economy-set-to-double-in-size-in-five-years","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-barbudas-economy-set-to-double-in-size-in-five-years\/","title":{"rendered":"Antigua & Barbuda\u2019s Economy Set to Double in Size in Five Years"},"content":{"rendered":"
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PM Browne: Antigua & Barbuda\u2019s Economy Set to Double in Five Years<\/strong><\/h3>\n\n\n\n

Prime Minister Gaston Browne has predicted that Antigua & Barbuda\u2019s economy will double in size within the next five years<\/strong>, citing ongoing investments and strategic development initiatives.<\/p>

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Speaking on Pointe FM<\/strong>, Browne said the country\u2019s gross domestic product (GDP)<\/strong> is nearing $6 billion<\/strong>, with plans to expand it beyond $10 billion<\/strong> through targeted economic policies and infrastructure projects<\/strong>.<\/p>\n\n\n\n

\u201cThe larger the economy gets, the more resilient it will be. If we continue on this trajectory, within the next five years, we could be looking at an economy valued at $10 to $12 billion,\u201d he said.<\/p>

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The Prime Minister pointed to key investment projects<\/strong>, including a superyacht marina at Fort James<\/strong>, expansions in tourism<\/strong>, and infrastructure upgrades as major drivers of growth. <\/p>

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He also highlighted government initiatives in agriculture, renewable energy, and financial services<\/strong> as essential components of long-term economic stability.<\/p>\n\n\n\n

Browne acknowledged challenges, including global economic uncertainties and geopolitical risks<\/strong>, but said Antigua & Barbuda remains well-positioned for sustained expansion. <\/p>

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For more updates on Antigua & Barbuda\u2019s economic outlook<\/strong>, visit Antigua Newsroom<\/a><\/strong>.<\/p>\n

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

PM Browne: Antigua & Barbuda\u2019s Economy Set to Double in Five Years Prime Minister Gaston Browne has predicted that Antigua & Barbuda\u2019s economy will double in size within the next five years, citing ongoing investments and strategic development initiatives. Speaking on Pointe FM, Browne said the country\u2019s gross domestic product (GDP) is nearing $6 billion, […]<\/p>\n","protected":false},"author":3,"featured_media":215179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-225693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua and Barbuda: Projected Economic Growth - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Explore the future of Antigua and Barbuda's economy as it aims to double within five years through strategic investments.\" \/>\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-barbudas-economy-set-to-double-in-size-in-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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