St. John’s -The Prime Minister of Antigua and Barbuda, Gaston Browne, has called upon the citizens to play a participatory role in building up the nation’s economy by investing in various development projects through bonds and other financial instruments that have been created by the government.
He said that the active participation of the citizens had the potential to create a more robust economy for Antigua and Barbuda, which could lead to wealth creation for its citizens.
Speaking at the groundbreaking ceremony of the Upland Development Project, the Prime Minister said that there was a need to promote sustainable growth, which can lead to prosperity in the year to come. And for this, the citizens of the nation must invest in the nation’s economy.
The 2025 budget statement given by Prime Minister Browne had also focused on creating a harmonious and prosperous nation. The Prime Minister said that to achieve this goal more and more citizens of Antigua and Barbuda must come forward and invest in projects of national development.
The Prime Minister said that the government had introduced bonds that created several avenues for the citizens to invest in the nation’s economy and more and more individuals must come forward and gain from the growing economy of Antigua and Barbuda.
The Prime Minister said that these government bonds provided low-risk investment opportunities for the citizens as returns on these financial instruments were higher as compared to standard bank interest rates.
He said that the bonds introduced by the government were secure and could create wealth for the citizens
The government is moving forward by launching various development projects in the sectors of infrastructure, renewable energy, healthcare, and education. By investing in these projects, citizens can directly participate in the growth of the nation while developing a sense of ownership and direct involvement.
The Prime Minister also spoke about the growing economy of Antigua and Barbuda, stating that during 2024, the Gross Domestic Product (GDP) had registered a 6% growth adding $6.0 billion to the national economy.
He said that the government had invested in various projects in the tourism sector due to which 1.1 million tourists had arrived in Antigua and Barbuda in the previous year, which was 15% more as compared to 2023.
He said that the government was also creating investment opportunities for its citizens in other growth sectors, through which they can create wealth while ensuring rapid economic growth of the nation.
