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Foreign Affairs Minister EP Chet Greene is urging citizens to brace for economic uncertainty as global trade disruptions threaten to impact small island economies like Antigua and Barbuda.
Speaking on Pointe FM at the weekend, Greene advised families to adopt a cautious approach to spending and prioritise saving, warning that the global economy is entering a volatile period with potential consequences for livelihoods at home.
“We are not in perilous times ahead—we are in them now,” Greene said. “This is not about creating panic. It’s about being realistic and making sure Antiguans and Barbudans are prepared.”
The minister was responding to the recent announcement of sweeping tariffs imposed by the United States on goods imported from countries including China—tariffs that he said could eventually affect the cost of living in Antigua and Barbuda, especially if supply chains are disrupted and prices increase.
“If the U.S. economy slows down, Americans will travel less, and tourism—our economic lifeline—will suffer,” Greene explained. “At the same time, if imports of food, medicine, or materials become more expensive, it will hit household budgets.”
Greene called on citizens to be financially prudent, suggesting that discretionary spending should be carefully considered in the months ahead.
“Spend responsibly. Save where you can. Until we see where this is going, it’s wise to be cautious,” he advised.
He also underscored the importance of local resilience, pointing to ongoing efforts to expand agriculture and develop alternative trade partnerships outside the U.S. market. However, he noted that such changes take time and that Antiguans must be prepared in the interim.
“We’ve relied heavily on a comfortable status quo for too long,” Greene said. “Now, that comfort has been disrupted. The way forward must be smarter, more self-reliant, and financially disciplined.”
As regional governments monitor developments in U.S. trade policy, Greene said Antigua and Barbuda is actively engaging with other countries, including Brazil and partners within CARICOM, to secure new sources of goods and support economic stability.
Despite the uncertainty, Greene struck a note of reassurance: “We’ve weathered storms before. With preparation and prudence, we’ll weather this one too.”
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Thank you
Save what exactly when ppl finish paying there bills and rent Their salary done what’s there to save
The long awaited back pay and all the monies owed to civil servants will go along way in achieving this aim.
Eversley Paul Chet Greene, you are absolutely correct.
If the conclusion of the Alfa Nero debacle is an economic shock then we MUST save and be prepared for it.
How do yiu expect us to save for economic chock when the savings are to be put up to meet the debt that will be incurred as a result of your government’s indemnity of the buyer in the corrupt Alfa Nero sale?
That’s where every cent that is hidden in every mattress will be going.
When a government misbehaves and commits the people to debt they should defend on the government officials like hornets.
Sadly you will be kicked out of office and the new government will be the ones to try to make gold out of stones to ease the burdens that you left on our backs.
By the time this Alfa Nero burden is lifted off our backs every eligible voter today will be history.
He’s not wrong, but how we saving when cost of living sky high?
Easier said than done when paycheck done vanish by week two.
These politicaly correct speaches, being offered up, by the likes of Chet Greene are the same regurgitated crap, offered up by bumbling bureaucrats, technocrats clones of the oppressors who control these world markets and systems. that he is predicting will cause a GLOBAL CRISIS.
These “global shocks” are man made by design rooted in greed, selfishness, HUEman enslavement (mentally. physically, spiritually).
The fact, of the matter is CARICOM did a piss poor job in putting their/our own systems, in place to mitigate turbulences such as these
caused by designed world markets.
Chet and the rest of the politicians along with these religious leaders, zealots, charlatans, fraternal organizations MUST come clean we with those #who’re being prostituted by them, set them free, put and manage systems in place which really deliver EQUAL RIGHT & JUSTICE for all.
The HUEman world will not know PEACE without EQUAL RIGHTS & JUSTICE, for all species or better yet, hybrids of HUMANS.
This World Crisis, an ECONOMIC WAR between the superpowers which control HUEmanity is by DESIGN. Tell the People the real truth Chet Greene and quit with the bureaucratic talking points to both cover incompetence, mismanagement, malfeasance and pacification of the gullible HUEmans.
Jumbee_Picknee aka Ras Smood
De’ole Dutty Peg🦶🏽Garrat_Bastard
Vere C. Edwards
You’re fattening your pockets and securing yourselves, what are you the government doing to help your citizens survive?