Antigua and Barbuda’s economy is thriving, as evidenced by the growing government revenue collected by the Inland Revenue Department (IRD).
The Deputy Commissioner of IRD, Jermaine Jarvis, has reported that collections between January and June of this year have increased by almost $40 million compared to last year. Specifically, the department collected $209 million between January and June 2022, which is $20 million more than the department’s projected collection target of $229 million for the year’s first half.
Furthermore, the collection for the first six months of this year amounted to $249 million, $39 million more than the corresponding period last year.