Prime Minister the Hon. Gaston Browne has credited Antigua and Barbuda’s exceptional growth rate of 4.3% in 2016 – the greatest rate of all of the CARICOM countries, to his government confronting the country’s problems head-on despite the numerous challenges.
PM Browne who was delivering the 2017 Budget Speech said his government’s performance which resulted in a stable economy stands tall to others within the region and the hemisphere.
He said that the economy has outpaced the vast majority of countries in the world with an outstanding growth rate in 2016 of 4.3%.
The country’s leader is expected to spend at least two hours detailing his government’s stabilization of the economy which according PM Browne was “left in shambles by the Opposition UPP with a deficit of over 600 million dollars.
This year’s 2017 Budget Speech is being presented under the theme: Building an Economic Powerhouse through Innovation, Creativity and People Participation.