IMF POINTS TO POTENTIAL REVENUE FALLOUT FROM THREAT TO CIP

The International Monetary Fund is warning that uncertainty over Caribbean Citizenship by Investment Programmes could put government revenues at risk.

The warning comes as Antigua and Barbuda and four other Eastern Caribbean countries face pressure from the European Union to phase out their programmes by June 2028.

Deputy director of the IMF’s western hemisphere department, Ana Corbacho, says the future of these programmes would depend, in part, on how governments address governance concerns and respond to evolving international discussions.