2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

Table 10 Anguilla - Central Government Fiscal Operations (In millions of Eastern Caribbean dollars)

2018 2019 R

2020 P

2016

2017

Current Revenue

188.71

190.65

200.23

233.38

192.53

Tax Revenue

160.35

163.56

162.96

197.05

157.63

Taxes on Income and Profit of which: Stabilisation Levy

14.44 14.44

14.14 14.14

15.02 15.02

16.81 16.47

14.42 13.93

Taxes on Property

5.82

6.90

6.42

8.46

7.20

Taxes on Domestic Goods and Services

55.60

67.30

44.97

73.42

61.68

of which:

Licenses

17.35 17.08

14.60 19.67 15.87

15.43

16.24 30.19

14.29 22.32

Accommodation Tax

5.54 9.15

Stamp Duties

7.08

7.97

7.63

Taxes on International Trade and Transaction8s4.49

75.23

96.55

98.36

74.33

of Which:

Import Duty

65.19 17.32

58.85 15.67

75.64 20.08

68.70 16.75

33.74 3.38 0.00

Customs Surcharge Embarkation Tax

1.27

0.11

0.02

0.01

Non-tax Revenue

28.36

27.08

37.27

36.33

34.90

Current Expenditure

187.65

195.35

207.65

212.18

225.69

Personal Emoluments Goods and Services Interest Payments

84.93 44.24 11.99

83.84 48.76 16.42 10.12

87.91 50.24 21.14 11.91

84.63 55.54 18.78

85.17 66.15 17.07

Domestic External

7.34 4.64

8.83 9.95

8.36 8.71

6.30

9.23

Transfers and Subsidies

46.49

46.33

48.36

53.23

57.30

of which: Pensions

8.51

8.72

8.61

8.49

8.77

Current Account Balance

1.07

(4.70)

(7.41)

21.20

(33.16)

Capital Revenue

-

-

-

0.03

10.28

Grants Of which Capital Grants

2.34

30.55

34.22

-

-

Capital Expenditure and Net Lending

6.56 6.56

21.52 21.52

25.63 25.63

10.19 10.19

8.26 8.26

Of which: Capital Expenditure

Primary Balance before grants Primary Balance after grants

6.49 8.83

(9.81)

(11.91)

29.81 29.81

(14.08)

20.74

22.31

27.47

Overall Balance before grants Overall Balance after grants

(5.49) (3.15)

(26.22)

(33.05)

11.04 11.04

(31.14)

4.32

1.17

10.40

Financing

3.15

(4.32)

(1.17)

(11.04)

(10.40)

Domestic

(43.35) (54.98)

8.81 1.01 1.98 5.82

(28.59)

1.31

4.76 5.58

ECCB (net)

55.93

(4.10)

Commercial Banks (net)

43.32

(18.03) (66.49)

(20.91)

(2.06)

Other

(31.69)

26.31

1.23

External

46.50 46.50 59.87 13.37

(13.13) (13.13)

27.42 27.42 40.41 12.99

(12.35) (12.35)

(15.16) (15.16)

Net Disbursements/(Amortisation)

Disbursements Amortisation

0.08 13.21

1.67

3.29

14.02

18.45

Change in Government Foreign Assets

-

- - - -

-

-

-

Arrears

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

Domestic External

-

-

-

-

Other financing

Source: Treasury Department, Anguilla and ECCB Estimates Data as at 10 February 2021

63