Prime Minister and Minister of Finance Gaston Browne to Present Antigua and Barbuda’s 2025 Budget
Prime Minister Gaston Browne, who also serves as Minister of Finance, will present the highly anticipated 2025 national budget to Parliament on December 5, 2024.
This marks a pivotal shift in the nation’s fiscal planning, with the budget presentation moved to December to better align with the calendar year.
The 2025 budget is expected to focus on bolstering infrastructure, enhancing public services, and driving sustainable economic growth without introducing new taxes.
Browne has assured citizens that the government remains committed to fiscal responsibility while addressing key areas such as water supply improvements, road repairs, and housing projects.
The presentation will kick off the budget debate scheduled for December 10, providing parliamentarians with ample time to review the document—a response to past criticisms regarding insufficient preparation time.
Browne’s address is expected to highlight the nation’s economic resilience, the debt-to-GDP ratio reduction to 62%, and continued investments in key sectors, including tourism and public health.
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NO NEW TAXES DOES NOT MEAN NO INCREASE IN TAXES…GOVERNMENT CAN INCREASE TAXES WITHOUT INTRODUCING A NEW TAX….A WORD TO THE WISE IS SUFFICIENT.
IN CONCLUSION I WOULD LIKE TO REMIND THE PUBLIC THAT THE CONSUMPTION TAX WHICH WAS REPEALED SINCE 2007 IN STILL BEEN CHARGE ON PETROLEUM PRODUCTS WITHOUT ANY STATUTORY SUPPORT….AN UNEDUCATED PUBLIC IS A POLITICAN BIGGEST ASSET.
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