Antigua and Barbuda: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2006/145, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that data for the first half of 2005 point to a widening fiscal deficit for Antigua and Barbuda. A combination of a reduction in capital spending and some improvement in revenues following a tightening of the concessions regime resulted in a closing of the primary deficit to 1½ percent of GDP in 2004. Revenues have performed well following the reintroduction of the personal income tax. The external current account deficit has narrowed to about 11 percent of GDP, financed by foreign direct investment.

Keywords: ISCR; CR; government; staff's GDP projection; staff appraisal; Policy development; private sector; government wish; government of Antigua and Barbuda; government hope; Arrears; Public sector; Civil service; Caribbean; Global (search for similar items in EconPapers)
Pages: 65
Date: 2006-04-22
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=19160 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2006/145

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().