IMF predicts economic growth for Antigua and Barbuda

ST JOHN’S, Antigua (CMC): THE ANTIGUA and Barbuda economy is expected to grow by three per cent this year, underpinned by the continued recovery in the tourism sector and investments in new facilities, the International Monetary Fund (IMF) has said.

An IMF delegation, headed by Meredith Arnold McIntyre, has ended a two-week visit to the country and said that growth last year was 3. 7 per cent.

He said the growth this year reflects mainly the still-tight financing conditions for the public and private sectors.