IMF Executive Board Concludes 2025 Article IV Consultation with Antigua and Barbuda

Antigua and Barbuda’s post-pandemic economic expansion continued, with real output surpassing pre-pandemic levels in 2024, driven by strong tourism and events like the T20 Cricket World Cup. The public debt decreased from 100% of GDP in 2020 to 67% in 2024, although financing needs remain high. The IMF Executive Board concluded the 2025 Article IV consultation, highlighting the need for further steps to restore debt sustainability and address climate-related vulnerabilities. The report emphasized the importance of improving fiscal management and financial stability, with a focus on enhancing tax revenue and social assistance programs.