{"id":247639,"date":"2025-08-26T08:13:01","date_gmt":"2025-08-26T12:13:01","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=247639"},"modified":"2025-08-26T08:32:18","modified_gmt":"2025-08-26T12:32:18","slug":"antigua-and-barbuda-boosts-stake-in-regional-development-bank","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-boosts-stake-in-regional-development-bank\/","title":{"rendered":"Antigua and Barbuda boosts stake in regional development bank"},"content":{"rendered":"
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Antigua and Barbuda<\/a> will invest nearly US$60m to purchase 4,225 additional shares in the Corporaci\u00f3n Andina de Fomento (CAF<\/a>), deepening its partnership with the Latin America and Caribbean development bank.<\/p>\n\n\n\n

Prime Minister Gaston Browne<\/a> said the move will raise the country\u2019s total stake to US$75m, allowing it to borrow up to four times that amount. <\/p>

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The government aims to secure about EC$400m in loans to refinance high-interest debt at rates between five and six per cent. CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP<\/em><\/strong><\/a><\/p>

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Mr Browne told Parliament the strategy would improve cash flow and help settle outstanding obligations, including payments to local suppliers.<\/p>\n\n\n\n

The motion passed the House of Representatives without debate, months after Antigua and Barbuda\u2019s<\/a> initial US$15m investment in CAF.<\/p>

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Antigua and Barbuda will invest nearly US$60m to purchase 4,225 additional shares in the Corporaci\u00f3n Andina de Fomento (CAF), deepening its partnership with the Latin America and Caribbean development bank. Prime Minister Gaston Browne said the move will raise the country\u2019s total stake to US$75m, allowing it […]<\/p>\n","protected":false},"author":12,"featured_media":241692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-247639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua Barbuda Expands Investment in CAF - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua Barbuda invests US$60m in CAF to boost its stake and access loans for refinancing debt. 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