PM Browne Projects Debt-to-GDP Drop to 58% by Year-End

1

Prime Minister Gaston Browne, also finance minister, projects Antigua and Barbuda’s Debt-to-GDP ratio to fall below 60 percent by year-end, targeting 58 percent.

He highlighted the government’s prudent economic management, reducing the ratio from 104 percent under the UPP administration and about 100 percent during the pandemic to the current level.

Browne noted the country is repaying more loans than it is borrowing, contrasting this with UPP’s reliance on debt-fueled growth.

He also plans to consolidate smaller, high-interest loans by early next year to ease cash flow issues.

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]

1 COMMENT

  1. … And you watch again folks, come year end NUTTING NAH GO SO!

    Where’s Tenman, he loves Gaston Browne’s predictions and projections that NEVER match with the eventual factuality.

    TENMAN WHEY YOU DEY???

LEAVE A REPLY

Please enter your comment!
Please enter your name here