{"id":260370,"date":"2025-12-04T13:33:18","date_gmt":"2025-12-04T17:33:18","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=260370"},"modified":"2025-12-04T13:34:41","modified_gmt":"2025-12-04T17:34:41","slug":"pm-browne-says-antigua-and-barbuda-on-track-for-nearly-7b-gdp-in-2026","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/pm-browne-says-antigua-and-barbuda-on-track-for-nearly-7b-gdp-in-2026\/","title":{"rendered":"PM Browne Says Antigua and Barbuda on Track for Nearly $7B GDP in 2026"},"content":{"rendered":"
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Prime Minister Gaston Browne says Antigua and Barbuda is poised to reach nearly $7 billion in national output next year, projecting 5 percent economic growth and what he describes as the country\u2019s strongest fiscal footing in decades.<\/p>

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The forecast was delivered Thursday as Browne presented the 2026 national budget, themed \u201cPeople-Centered Growth and Development.\u201d The Prime Minister said the country has moved from the brink of collapse 11 years ago to a position of sustained surpluses, rising employment and expanding economic activity.<\/p>\n\n\n\n

According to the Ministry of Finance\u2019s projections, real GDP is set to grow by 5 percent in 2026, pushing the size of the economy close to the $7 billion mark for the first time. Browne said the gains reflect \u201cdisciplined economic management, strategic investments and broad-based expansion across tourism, construction and financial services.\u201d<\/p>

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He cited preliminary figures showing 4.8 percent GDP growth in 2025 and noted that the country\u2019s debt-to-GDP ratio has fallen to 61.4 percent \u2014 approaching the Eastern Caribbean Currency Union\u2019s 60 percent benchmark. The administration is also projecting a primary surplus of more than $250 million for 2025 and an overall surplus exceeding $116 million.<\/p>

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Browne told Parliament that Antigua and Barbuda \u201cno longer resembles the fragile, post-crisis economy of a decade ago,\u201d saying job creation, increased visitor spending and a construction boom have reshaped the economic landscape. He pointed to record tourism arrivals, expanding port activity and higher domestic consumption as indicators of strong underlying demand.<\/p>\n\n\n\n

The Prime Minister said the fiscal outlook places the country in a better position to expand social programs, invest in infrastructure and accelerate resilience-building projects. He added that the government\u2019s policy mix \u2014 from eliminating personal income tax to scaling up capital investments \u2014 helped stabilize and then grow the economy despite global turbulence.<\/p>

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The budget debate continues next week, when ministers will outline sector-specific plans tied to the growth projections.<\/p>\n

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

Prime Minister Gaston Browne says Antigua and Barbuda is poised to reach nearly $7 billion in national output next year, projecting 5 percent economic growth and what he describes as the country\u2019s strongest fiscal footing in decades. The forecast was delivered Thursday as Browne presented the 2026 national budget, themed \u201cPeople-Centered Growth and Development.\u201d The […]<\/p>\n","protected":false},"author":3,"featured_media":260331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-260370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nPM Browne Says Antigua and Barbuda on Track for Nearly $7B GDP in 2026 - 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\/pm-browne-says-antigua-and-barbuda-on-track-for-nearly-7b-gdp-in-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM Browne Says Antigua and Barbuda on Track for Nearly $7B GDP in 2026\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Gaston Browne says Antigua and Barbuda is poised to reach nearly $7 billion in national output next year, projecting 5 percent economic growth and what he describes as the country\u2019s strongest fiscal footing in decades. 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