News
Rising Fuel Costs and Global Tensions Force Government to Scale Back Growth Expectations
1+ hour, 24+ min ago (440+ words) Prime Minister Gaston Browne The Antigua and Barbuda Government has revised its economic growth forecast for 2026, citing mounting international pressures that are driving up fuel and food prices and creating uncertainty across global markets. Prime Minister and Finance Minister Gaston…...
IMF Says Inflation Falls Sharply in Antigua and Barbuda as Economy Expands
1+ mon, 2+ day ago (143+ words) IMF says Antigua and Barbuda's economy is expanding, and inflation is falling Antigua and Barbuda recorded a sharp decline in inflation during 2025 while maintaining steady economic growth, according to the International Monetary Fund's latest assessment of the country's economy. The…...
IMF Says Antigua and Barbuda's Economy Continues to Expand Despite Debt Risks
1+ mon, 2+ day ago (352+ words) Antigua and Barbuda's economy continued to grow in 2025, with the International Monetary Fund (IMF) reporting stronger construction activity, moderating inflation and a reduction in public debt levels, even as concerns remain over arrears and financing pressures. In its latest Article…...
Uncertainty for Workers as The Hut Little Jumby Declares Jobs Redundant
9+ mon, 1+ week ago (852+ words) Employees of The Hut Little Jumby say they have been left in limbo after being told their positions were made redundant at the end of the restaurant's first season. The business, which opened in November 2024 and employed close to 100 people,…...
Cabinet Zero-Rated Import Duties on Basic Food Items to Ease Cost of Living
8+ mon, 1+ day ago (700+ words) The Cabinet of Antigua and Barbuda has approved a major policy shift aimed at bringing down food prices across the country, granting zero-rated import duties on a wide range of essential food items for one year. The initiative, which takes…...
Inflation Drops as Government Extends Food and Fuel Relief Measures
6+ mon, 4+ day ago (151+ words) Antigua and Barbuda's inflation rate has fallen sharply, dropping to an average 1. 4 percent for the first eight months of 2025 a major decline from 6. 4 percent the previous year. So says Prime Minister Browne, who in his budget address on Thursday, credited…...
Browne Chairs 112th ECCB Monetary Council Meeting, Reaffirms Commitment to Regional Stability and Growth
3+ mon, 3+ week ago (270+ words) Prime Minister Gaston Browne on Friday chaired the 112th Meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB), as regional leaders assessed economic conditions and charted a path toward stronger, more resilient growth across the Eastern Caribbean Currency…...
ECCB Re-Appoints Timothy Antoine as Governor for Another Five Years
3+ mon, 3+ week ago (492+ words) Grenadian economist Timothy N. J. Antoine has been re-appointed as Governor of the Eastern Caribbean Central Bank for another five-year term, the Monetary Council announced following its meeting on Friday. The ECCB serves as the central bank for six member territories: Antigua…...
Government Plans Major Debt Restructuring via New Bond Issuance
11+ mon, 2+ week ago (416+ words) PM Gaston Browne shakes hands with President "Lula" of Brazil (picture by nicefmradio. com) The government will restructure the nation"s debt portfolio through a significant bond issuance anticipated in the next three months. Prime Minister Gaston Browne revealed that…...