Antigua and Barbuda

Public finance

Since the abolition of the income tax on residents, government revenues have been derived mainly from indirect taxes, principally customs and excise duties and consumption taxes. A major source of revenue is the US's military bases.

The US Central Intelligence Agency (CIA) estimates that in 2000 Antigua and Barbuda's central government took in revenues of approximately $123.7 million and had expenditures of $145.9 million. Overall, the government registered a deficit of approximately $22.2 million. External debt totaled $231 million.

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