Antigua and Barbuda : Recent Economic Developments.

This paper describes economic developments in Antigua and Barbuda during the 1990s. The growth of real GDP picked up to about 4 percent in 1993-94 on the strength of increased tourism while inflation remained low. The current account deficit of the public sector widened from less than 3 percent of G...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Staff Country Reports; Country Report ; No. 1995/045
Online Access:Full text available on IMF
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520 3 |a This paper describes economic developments in Antigua and Barbuda during the 1990s. The growth of real GDP picked up to about 4 percent in 1993-94 on the strength of increased tourism while inflation remained low. The current account deficit of the public sector widened from less than 3 percent of GDP in 1990 to 4 percent of GDP in 1994, and the overall deficit went up to 6 1\2 percent of GDP. Public investment remained too low to provide for the upgrading of infrastructure needed for the continued growth of tourism and the economy. 
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