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: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:92 pages
ISBN:9781451801798