Antigua and Barbuda posted a strong fiscal performance in 2026. Prime Minister Gaston Browne announced a primary surplus of $254.9 million. Additionally, the overall surplus reached $116.3 million.

Browne told Parliament these results show a clear turnaround from the deficits his administration inherited 11 years ago. He said disciplined fiscal management, steady economic growth, and rising revenues across key sectors made it possible.

“A primary surplus of more than a quarter billion dollars means we cover all expenses, including interest payments, and still have money left over,” Browne said. He added that these figures reflect a resilient and well-managed economy. In fact, Antigua and Barbuda now generates consistent surpluses instead of borrowing just to function.

The Ministry of Finance reported the debt-to-GDP ratio now stands at 61.4 percent. Browne noted this compares with an effective 120 percent when his administration took office. He explained that the improved fiscal outlook allows for major public investments. Moreover, it strengthens social programs and protects vulnerable households.

The Prime Minister highlighted several factors driving the surpluses. Tourism is rebounding, construction activity is rising, and imports are increasing. Furthermore, stronger tax compliance and post-pandemic recovery trends have supported government revenue.

The 2026 budget is themed “People-Centered Growth and Development.” Browne said it prioritizes education, healthcare, housing, and infrastructure. Importantly, these commitments are backed by the country’s healthier fiscal position.

Officials emphasized that the surpluses provide opportunities to invest in long-term projects. Consequently, residents can expect improvements in social services and public amenities. Additionally, the government plans to continue monitoring economic performance to maintain stability.

Parliament will begin debating the budget next week. Lawmakers will discuss allocations, policy changes, and strategies to sustain economic growth.

In short, Antigua and Barbuda is showing fiscal strength and economic resilience. With careful planning and steady management, the nation is poised for continued growth and development.

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