{"id":220861,"date":"2025-01-05T17:03:27","date_gmt":"2025-01-05T21:03:27","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=220861"},"modified":"2025-01-05T17:03:28","modified_gmt":"2025-01-05T21:03:28","slug":"customs-and-port-authority-revenues-reflect-economic-growth-in-antigua","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/customs-and-port-authority-revenues-reflect-economic-growth-in-antigua\/","title":{"rendered":"Customs and Port Authority Revenues Reflect Economic Growth in Antigua"},"content":{"rendered":"
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Antigua and Barbuda’s Customs and Excise Division and Port Authority have reported record-breaking revenues, signaling robust economic growth in the country. <\/p>

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The announcement was made by Prime Minister Gaston Browne, who attributed the increased revenue to expanding economic activity and effective policy implementation.<\/p>\n\n\n\n

\u201cThe Customs Division collected over half a billion dollars in revenue last year, which reflects the vibrancy of our economy,\u201d Browne stated. He emphasized that the Port Authority has also achieved unprecedented revenue figures, driven by higher volumes of imports and exports.<\/p>

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These gains, Browne noted, were instrumental in financing various public projects. \u201cThis economic expansion has allowed us to spend more on critical infrastructure, such as purchasing garbage trucks, fire trucks, and even a gunboat for the Coast Guard,\u201d he said.<\/p>

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The Prime Minister linked the revenue growth to policies aimed at bolstering business confidence and facilitating trade. \u201cCustoms and the Port don\u2019t generate revenue themselves\u2014they collect it based on the level of economic activity. These numbers confirm that our economy is performing exceptionally well,\u201d he added.<\/p>\n\n\n\n

The increased revenue has also enabled the government to address longstanding obligations, including payments to public servants. Browne highlighted a recent milestone: \u201cWe were able to disburse nearly $80 million in December alone, covering salaries, back pay, and other commitments.\u201d<\/p>

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The Prime Minister expressed optimism about the future, suggesting that Antigua and Barbuda’s economic outlook remains strong as the government continues to focus on growth-oriented policies.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Customs and Port Authority Revenues Reflect Economic Growth in Antigua<\/p>\n","protected":false},"author":3,"featured_media":192776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-220861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nCustoms and Port Authority Revenues Reflect Economic Growth in Antigua - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Customs and Port Authority Revenues Reflect Economic Growth in Antigua\" \/>\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\/customs-and-port-authority-revenues-reflect-economic-growth-in-antigua\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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