IMF to review Antigua and Barbuda’s economic performance

ST. JOHN’S, Antigua, CMC – A delegation from the International Monetary Fund (IMF) arrives here on Monday to review the operations of the multi-million dollar Stand By Agreement (SBA) the financial institution has with Antigua and Barbuda. A government statement said that the review, which will end on May 3, is the final under the 36-month SBA. The IMF team will meet with private and public sector officials during the weeklong visit. In 2010, Antigua and Barbuda was approved for the 36-month SBA of US$118 million, but that figure was downgraded to US$107 million