Country Economic Review 2017 - Antigua and Barbuda
Country Economic Review 2017 - Antigua and Barbuda title with overhead view of shoreline
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Summary

Macroeconomic conditions in Antigua and Barbuda have been mixed. Economic growth accelerated in 2016, but is estimated to decelerate in 2017.  Notwithstanding buoyant growth for the past three years, fiscal conditions have deteriorated with relatively high gross financing needs and severe cash flow difficulties in Central Government (CG).  A combination of a sharp decline in  Citizenship by Investment Programme (CIP) and National Development Fund receipts; increased demands from spending post-Hurricane Irma; and rehabilitation and reParent Taxonomy: Construction requirements in the absence of grant or concessional funding, could further exacerbate the cash flow situation.  These developments could further increase the underlying risks to macroeconomic stability and fiscal and debt sustainability.