Antigua and Barbuda GDP Growth to Slow to 2.1% This Year: IMF

Antigua and Barbuda GDP growth is forecast to slow from est. 2.4% in 2014 as tourist flows decline, according to e-mailed statement from IMF.

  • Public sector debt-to-GDP increased to 98.7% of GDP in 2014 from 94.3% yr earlier
  • Fiscal deficit of 2.9% of GDP in 2014 was higher than IMF projections of 0.7%-1.3%
  • Govt urged to adopt fiscal consolidation program starting in June; current policies are not sustainable

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