{"id":258531,"date":"2025-11-18T19:06:23","date_gmt":"2025-11-18T23:06:23","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=258531"},"modified":"2025-11-18T19:06:24","modified_gmt":"2025-11-18T23:06:24","slug":"senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/","title":{"rendered":"Senator George Says Antigua\u2019s Debt Remains Manageable as Country Targets 60% by 2035"},"content":{"rendered":"
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Senator Dwayne George says Antigua and Barbuda\u2019s debt position remains stable and on track to improve, even as the country continues to absorb global and climate-related shocks. Speaking on Government in Motion<\/strong> on ABS, he said the debt-to-GDP ratio stands at about 62 percent and is projected to fall slightly over the next decade.<\/p>

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\u201cOur debt-to-GDP is about 62 percent, and by 2035 we will be at about 60 percent,\u201d George said. \u201cThat\u2019s lovely. We\u2019re doing quite fine.\u201d<\/p>\n\n\n\n

He said the government services about $65 million in debt every month, with total monthly financial obligations reaching roughly $89 million. Despite those numbers, he said the overall picture remains manageable because the administration is shifting away from short-term borrowing and securing longer-term, lower-interest financing.<\/p>

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\u201cWe want cheaper financing and long-term financing because that helps ease the pressure,\u201d George said.<\/p>

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The senator discussed the issue in the context of recent engagements with IMF and World Bank officials, where Antigua and Barbuda joined other small states in highlighting the economic strain caused by frequent external shocks. He said those conversations underscored the need for access to better-structured funding that reflects the vulnerability of small island economies.<\/p>\n\n\n\n

\u201cWe are exposed to shocks almost every cycle,\u201d he said. \u201cIt\u2019s why we continue to argue for concessional financing and mechanisms that recognise our realities.\u201d<\/p>

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Senator Dwayne George says Antigua and Barbuda\u2019s debt position remains stable and on track to improve, even as the country continues to absorb global and climate-related shocks. Speaking on Government in Motion on ABS, he said the debt-to-GDP ratio stands at about 62 percent and is projected to fall slightly over the next decade. \u201cOur […]<\/p>\n","protected":false},"author":3,"featured_media":258532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-258531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nSenator George Says Antigua\u2019s Debt Remains Manageable as Country Targets 60% by 2035 - 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\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senator George Says Antigua\u2019s Debt Remains Manageable as Country Targets 60% by 2035\" \/>\n<meta property=\"og:description\" content=\"Senator Dwayne George says Antigua and Barbuda\u2019s debt position remains stable and on track to improve, even as the country continues to absorb global and climate-related shocks. Speaking on Government in Motion on ABS, he said the debt-to-GDP ratio stands at about 62 percent and is projected to fall slightly over the next decade. \u201cOur […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-18T23:06:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-18T23:06:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/IMG_9945.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1206\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Senator George Says Antigua\u2019s Debt Remains Manageable as Country Targets 60% by 2035\",\"datePublished\":\"2025-11-18T23:06:23+00:00\",\"dateModified\":\"2025-11-18T23:06:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\"},\"wordCount\":228,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1206\/h:680\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/IMG_9945.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\",\"url\":\"https:\/\/antiguanewsroom.com\/senator-george-says-antiguas-debt-remains-manageable-as-country-targets-60-by-2035\/\",\"name\":\"Senator George Says Antigua\u2019s Debt Remains Manageable as Country Targets 60% by 2035 - 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