{"id":207005,"date":"2024-07-18T07:16:17","date_gmt":"2024-07-18T11:16:17","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=207005"},"modified":"2024-07-18T07:16:41","modified_gmt":"2024-07-18T11:16:41","slug":"officials-report-220-million-deficit-for-the-first-half-of-the-year-despite-revenue-increase","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/officials-report-220-million-deficit-for-the-first-half-of-the-year-despite-revenue-increase\/","title":{"rendered":"Officials Report $220 Million Deficit For the first half of the year Despite Revenue Increase"},"content":{"rendered":"
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The Cabinet invited a 9-person team from the Ministry of Finance to report on revenues, expenditure, and the fiscal health of the Treasury of Antigua and Barbuda.\u00a0<\/p>

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The Financial Secretary, the Deputy Financial Secretary, the Accountant General, Deputy Commissioner of the Inland Revenue Department, the Comptroller of Customers, the Debt Manager, and other officials attended. <\/p>\n\n\n\n

They reported that from January to June of 2023, revenues totaled a little more than 500 million dollars; a year later, in 2024 January to June, revenues climbed to almost 560 million dollars. <\/p>

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Expenditure nevertheless, in the same period, exceeded 780 million dollars creating a deficit of a little more than 220 million dollars or about 40 million dollars a month on average.<\/p>

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The Cabinet invited a 9-person team from the Ministry of Finance to report on revenues, expenditure, and the fiscal health of the Treasury of Antigua and Barbuda.\u00a0 The Financial Secretary, the Deputy Financial Secretary, the Accountant General, Deputy Commissioner of the Inland Revenue Department, the Comptroller of Customers, the Debt Manager, and other officials attended. […]<\/p>\n","protected":false},"author":3,"featured_media":111929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-207005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nOfficials Report $220 Million Deficit For the first half of the year Despite Revenue Increase - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/officials-report-220-million-deficit-for-the-first-half-of-the-year-despite-revenue-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Officials Report $220 Million Deficit For the first half of the year Despite Revenue Increase\" \/>\n<meta property=\"og:description\" content=\"The Cabinet invited a 9-person team from the Ministry of Finance to report on revenues, expenditure, and the fiscal health of the Treasury of Antigua and Barbuda.\u00a0 The Financial Secretary, the Deputy Financial Secretary, the Accountant General, Deputy Commissioner of the Inland Revenue Department, the Comptroller of Customers, the Debt Manager, and other officials attended. 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