AGP Executive Report
Last update: 3 hours agoShipping: Antigua and Barbuda-flagged bulk carrier Cape Dao has sunk near the Strait of Hormuz after being struck by a projectile on September 23; one crew member was killed. The loss comes amid escalating attacks on commercial vessels. Economic Outlook: The IMF forecasts 2.4% growth and 3.6% inflation for Antigua and Barbuda in 2026, with inflation among the highest in the Eastern Caribbean Currency Union. Utilities: Residents protested rising APUA bills and service disruptions, calling for action on electricity and water costs. Energy: Prime Minister Gaston Browne says Barbuda could run entirely on renewable power within 18 to 24 months, with plans to expand solar generation and add battery storage. Tourism: Antigua and Barbuda will host the CTO’s State of the Tourism Industry Conference from October 4–8, 2027, bringing regional tourism leaders and businesses to the country. Food Security: Government plans include cold and dry storage, a farmers’ market, abattoir facilities and water projects to support local production. Investment Migration: Antigua and Barbuda placed fifth in the 2026 CBI Index, with 65 points.
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