PM Browne: Strong Revenue Year

The content originally appeared on: Antigua News Room

The government is reporting a significant revenue increase this year, driven by a higher Antigua and Barbuda Sales Tax (ABST) and boosted economic activity.

By the end of May, revenues had risen by over $35 million compared to the same period in 2023. Reports from the Customs Division indicate that by the end of June, revenues increased by $40 million from the same time last year, totaling over $235 million.

With these increased revenues, the government plans to launch a comprehensive road construction and repair program, purchasing heavy-duty equipment to reduce dependency on rented machinery. Prime Minister Browne highlighted a commitment to spending over $150 million on road improvements in the coming years.

Barbuda will also benefit from this program, with plans to construct ten miles of concrete roads to enhance the road networks on both islands.

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