1 week ago
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Prime Minister Gaston Browne says Antigua and Barbuda’s economy is expected to end the current fiscal year with a real Gross Domestic Product (GDP) expansion of 4.8 per cent.
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“Antigua and Barbuda’s economy is expected to grow 4.8 per cent by the end of 2025 and five per cent next year,” Browne said during his weekly radio programme, noting that the country’s GDP has surpassed the two billion U.S. dollar mark.
Describing the full set of economic performance indicators as “remarkable,” Browne said his administration’s record demonstrates that “we have delivered for the people of Antigua and Barbuda.” He highlighted that per capita income has exceeded EC$60,000 (US$0.37 per EC dollar), placing the nation ahead of many other Caribbean countries.
The Prime Minister pointed to gains across education, agriculture, and tourism, saying the government is exploring opportunities to export educational services through the expansion of the University of the West Indies Five Islands campus. He also noted plans for an eco-park at Christian Valley and an agro-industrial park aimed at boosting food production and improving food sovereignty and security.
Browne emphasized the government’s commitment to diversifying the tourism sector, including initiatives in sports tourism and conference tourism, as part of a broader economic strategy.
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