The government of Antigua and Barbuda, led by Prime Minister Gaston Browne, is actively contemplating an increase in the country’s Sales Tax.
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This consideration arises as the administration faces escalating financial commitments, including the need to fund salary increases for public servants.
Balancing revenue and expenditures
The Prime Minister indicated that a decision regarding the potential tax hike will be finalized next week.
He believes it is the best way of increasing the government’s annual revenue.
The weight of financial obligations
The Antiguan government currently expends approximately EC$38.6 million annually on wages, salaries, and other employee benefits.
Browne highlighted that the state’s financial obligations exceed EC$60 million each year.
