POINTE XPRESS – Antigua and Barbuda’s economy displays continued growth as government revenues surge, as highlighted by the Inland Revenue Department (IRD).
Deputy Commissioner Jermaine Jarvis reports a nearly $40 million increase in collections between January and June compared to the same period last year.
The rise, attributed primarily to increased ABST yields, points to robust economic activity and higher consumer spending on goods and services.
The overall collections of over $249 million for the first half of this year surpassed both budgeted expectations and the corresponding period in the previous year by $20 million and $39 million respectively.
