KINGSTON, Jamaica, Gleaner – A five-member team from the International Monetary Fund (IMF) is in Antigua and Barbuda to conduct reviews of the island's economic performance under a three-year stand-by arrangement (SBA). The team headed by Geoffrey Bannister has already held meetings with various public and private-sector representatives to discuss economic developments in Antigua. In June 2010, the IMF approved a US$117.8 million loan to support the implementation of Antigua's Fiscal Consolidation Programme.
