Antigua and Barbuda’s Customs and Excise Division and Port Authority have reported record-breaking revenues, signaling robust economic growth in the country.
The announcement was made by Prime Minister Gaston Browne, who attributed the increased revenue to expanding economic activity and effective policy implementation.
“The Customs Division collected over half a billion dollars in revenue last year, which reflects the vibrancy of our economy,” Browne stated. He emphasized that the Port Authority has also achieved unprecedented revenue figures, driven by higher volumes of imports and exports.
These gains, Browne noted, were instrumental in financing various public projects. “This economic expansion has allowed us to spend more on critical infrastructure, such as purchasing garbage trucks, fire trucks, and even a gunboat for the Coast Guard,” he said.
The Prime Minister linked the revenue growth to policies aimed at bolstering business confidence and facilitating trade. “Customs and the Port don’t generate revenue themselves—they collect it based on the level of economic activity. These numbers confirm that our economy is performing exceptionally well,” he added.
The increased revenue has also enabled the government to address longstanding obligations, including payments to public servants. Browne highlighted a recent milestone: “We were able to disburse nearly $80 million in December alone, covering salaries, back pay, and other commitments.”
The Prime Minister expressed optimism about the future, suggesting that Antigua and Barbuda’s economic outlook remains strong as the government continues to focus on growth-oriented policies.
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