Antigua and Barbuda 2014 Budget Statement
| Published date | 2014-01-01 |
|---|---|
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From the document:
Based on the most recent data published by the ECCB, Antigua and Barbuda is projected to grow by 1.2 percent in 2013. This economic performance in Antigua and Barbuda can be attributed to continued implementation of policy actions and reform measures to improve growth and strengthen the fiscal environment. In 2013 the Government of Antigua and Barbuda continued the Construct Antigua and Barbuda Initiative, which helped to boost growth in the construction sector by 15.4 percent. The mining and quarrying sector also grew significantly by 21.7 percent in 2013 as compared to about 6 percent in 2012. The Agriculture sector rebounded from a decline of about 4 percent in 2012 to record an increase of 1.9 percent in 2013.
As the recovery in the global economy strengthens and the Government continues to pursue sound macroeconomic policies, the Antigua and Barbuda economy will continue to grow and the level of employment will rebound to at least pre-crisis levels.