IMF reports steady growth and falling debt in Antigua and Barbuda

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Antigua and Barbuda’s economy expanded in 2025, supported by stronger construction activity, easing inflation and a continued decline in public debt, according to the International Monetary Fund (IMF). However, the Fund warned that arrears and financing pressures remain key challenges.

In its latest Article IV consultation, the IMF estimated real GDP growth at 3% for 2025. This was driven largely by a rebound in construction, which offset a slowdown in tourism. Employment levels, it added, have now returned to pre-pandemic levels.

Inflation fell sharply from an average of over 6% in 2024 to 1.4% in 2025, reflecting stabilising price pressures.

Public debt also continued to decline, dropping from 101% of GDP in 2020 to an estimated 68% in 2025. The IMF attributed this improvement to stronger fiscal performance and higher revenues, including inflows from the Citizenship by Investment programme.

Despite these gains, the Fund highlighted significant arrears owed to Paris Club creditors and domestic suppliers, alongside elevated financing needs that continue to weigh on debt sustainability.

The IMF’s Executive Directors called for a “credible and comprehensive strategy” to clear arrears, strengthen debt and cash management, and create fiscal space for climate resilience and infrastructure investment.

They also noted improvements in tax collection and fiscal discipline, with the primary balance estimated at nearly 5% of GDP in 2025. However, they urged authorities to broaden the tax base, reduce exemptions, and improve oversight of public finances and state-owned enterprises.

The financial system was described as stable and liquid, while further reforms were encouraged to improve tourism competitiveness, trade links and workforce skills.

The IMF projects continued steady growth in the coming years, but warned that global uncertainty, commodity price volatility and external shocks remain key risks for the small island economy.

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6 COMMENTS

  1. Yep IMF recognize white people growth, especially how they have become multiple billionaire selling Barbuda lands, so the handful of PLH beneficiaries are well registered on the USA stock market real estate business.

    They don’t give hoot about the black people of Antigua and Barbuda growth economically.

  2. @Eldread. Do you realize how fucking stupid you sound? Do you suffer from a mental illness, are a xenophobe or just dumb as shit? The people of Antigua need to know!🤣

  3. @proud antiguan: please do not allow your fingers to engage the keyboard in a visceral manner just to blow into the anus which makes a loud TRUMPET when blown by you.
    I haven’t curse Gaston ALP or UPP when I go after the IMF, any side of politicians in office today would have been dealt with in a paternalistic colonial manner as usual, do you realize that this big abbreviation “IMF” is a little rich family that finance world war 1&2 and the present set up of a man made Israel today? The name of the family is the Rothschild family, they forever think we should be supervise by their white institution, they only recognize white asset, they don’t recognize our grand parents business of selling roast corn or sugar cake, they only recognize a foreign extractive economy like the days when our people slaved and cut cane and picked cotton, it doesn’t matter to the IMF that you added a stairs to your house they don’t recognize black growth, you are invisible to them. So the more the ALP or the UPP set up white land or property ownership the IMF celebrates that and sing praises of the economy, you will hear some high figures of growth touted and yet the local black people will wonder on which part of this planet Antigua is this growth because they are struggling to make it, but it was never meant for them, these are white institution, when white foreign.busineses transfer their monies generated from human resources hand labor and land resources abroad the foreign financial institution have the figures, sometimes not even our prime minister knows the full extent or perhaps they know and gives that company generous tax concessions so they can part take of the the diversion of taxes away from our treasury and get campaign financing,, Mr p.a if you were to hold on to 100 acre of beach front lands in Barbuda and build a few small hut and sell it, you will become a billionaire and not some small millionaire status, so why should our black government enable white monopoly capital domination over our so call independent country and not empower the survivors of slavery whose blood was spill on every drop of soil?
    Anyway I leave you hear proud Antiguan because I refuse to engage in your acrymonious polemics and identity politics, the permutations I must take demand I raise the bar and seek to make our marionette politicians do well for our people instead of the romanticization of validation from white supremacists institution like the IMF Rothschild family.

  4. “INFLATION FELL SHARPLY FROM AN AVERAGE OF OVER 6% IN 2024 TO 1.4% IN 2025, REFLECTING STABILISING PRICE PRESSURES.”

    Did the IMF really say that? If yes, has the IMF become like ECLAC?
    Did the IMF talk to people who live here, shop here and only surviving here because of the rising steep prices?

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