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.
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.
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.
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.
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All the contracts goingg to Gadton son, , waste and abuse of the taxpayer!
Reduce tye size of the government payroll..This is samll island and the government have to mich employees that are in many cases useless positions. There is a lack of accountability in every single ministry and dependencies…There is a lot of activities thay government need to stop and sell it out to private companies, because they are draining the Treasury.
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