Antigua and Barbuda: 2006 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Antigua and Barbuda
July 11, 2007
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The staff report for the 2006 Article IV Consultation on Antigua and Barbuda highlights the economic backdrop and outlook for restoring sound public finances. The government of Antigua and Barbuda has adopted an ambitious reform program in its endeavor to pull the economy from decades of fiscal weakness and declining growth rates. The tax reform, including the imminent implementation of the value-added tax, is a major achievement. At the same time, it will be important to strengthen tax administration and tax compliance.
Subject: Arrears, Economic sectors, External debt, Fiscal policy, Fiscal stance, Public debt, Public sector
Keywords: Arrears, Caribbean, CR, expenditure management system, Fiscal stance, government, government of Antigua and Barbuda, increases in capital spending, ISCR, Public sector, spending, spending ceiling, wage bill
Pages:
53
Volume:
2007
DOI:
Issue:
238
Series:
Country Report No. 2007/238
Stock No:
1ATGEA2007002
ISBN:
9781451801897
ISSN:
1934-7685
