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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