Cabinet Reviews Economic Growth Data, Calls for Greater Coordination

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OPM Photo: CABINET OF ANTIGUA MEETING MARCH 14

CABINET NOTES: The Cabinet then moved to the issue of economic growth, as measured by the Statistics Division.

The Cabinet acknowledged the independence of the Division to measure the performance of the Antigua and Barbuda economy.

While other arms of the government undertake the same task, utilizing a barrage of data from multiple sources, the Cabinet noted a difference of outcomes when the Statistics Division presents its findings.

A discussion of the methodology employed by the Statistics Division followed; it was agreed that there will be closer coordination among the agencies that are measuring economic performance.

iIt was reported that many companies whose principals are required to submit data for the Census are often reluctant to share data.

The Cabinet reminded that a failure to comply can result in fines and other sanctions, prescribed by law.

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