Antigua Prime Minister says no quick-fix for recession
Published:Friday | June 26, 2009 | 1:16 PM
Antiguan Prime Minister Baldwin Spencer has warned that his country cannot borrow its way out of the global financial crisis.
He was speaking at a national consultation between government leaders and members of the public.
The consultation has been discussing ways of trying to pull Antigua and Barbuda out of the economic crisis caused by the global economic meltdown.
Mr Spencer says the present economic climate requires a hands-on approach, and not quick fix solutions.
