Antigua and Barbuda: Recent Economic Developments

International Monetary Fund

No 1995/045, IMF Staff Country Reports from International Monetary Fund

Abstract: 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 6½ 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.

Keywords: ISCR; CR; U.S. dollar; commercial bank; private sector; real GDP; debt service; current account; exchange rate; capital expenditure; nominal GDP; Public sector; Arrears; Commercial banks; Caribbean (search for similar items in EconPapers)
Pages: 92
Date: 1995-06-08
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=523 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1995/045

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().