Antigua and BarbudaMemberNews

Fears Grow Over Country’s Cash Crisis

St. John’s Antigua- Leader of the Opposition Gaston Browne is warning government could be forced to renew its arrangement with the International Monetary Fund (IMF) as it faces increased difficulty meeting financial obligations. “Antigua & Barbuda will remain in an IMF programme for at least another three years because the government is not in a position to pay them,” Browne said. “Clearly the government is not in a position to pay. So what the IMF is going to do is that they are going to roll us over into a next IMF programme.”

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