- Antigua and Barbuda Sales Tax (ABST) may be increased by one or two percent
- Prime Minister Gaston Browne believes this is the best way to increase government revenue
- The increase in ABST would raise about EC$40 million
- The government needs to cover salary increments for public servants, costing nearly EC$40 million
- Existing state obligations require over EC$60 million annually
- The government has taken on new obligations, such as sustaining the university and borrowing for education and road repairs
- The government will present its next budget to Parliament on December 5.
Source: caribbean.loopnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
