Economic and Financial Review - June 2019

June 2019 Economic and Financial Review STATISTICAL TABLES

Table 13 Anguilla - Central Government Fiscal Operations (In millions of Eastern Caribbean dollars)

2018 2ᵑᵈQr

2018 2018 2019 2019ᴾ

2017 2019ᴾ

3ʳᵈQr

4ᵗʱQr

1ˢᵗ Qr

2ᵑᵈQr Jan - Jun Jan - Jun

Current Revenue

49.98

52.44

49.03

65.60

60.93

98.77

126.53

Tax Revenue

41.29

43.86

39.40

55.81

52.69

79.70

108.50

Taxes on Income and Profits

4.02 4.02

4.04 4.04

3.99 3.99 1.03 5.95 2.08 1.00 0.48

4.07 3.99

4.45 4.32

6.99 6.99

8.51 8.32

Of which: Stabilisation Levy

Taxes on Property

0.59

3.80

0.62

5.08

1.59

5.71

Taxes on Domestic Goods and Services

12.09

13.62

25.77

18.05

25.40

43.82

Of which:

Licenses

4.59 2.06 2.36

2.95 1.40 2.08

7.38

3.63 9.12 1.46

10.40

11.01 20.59

Accommodation Tax

11.48

3.14 6.60

Stamp Duties

2.06

3.52

Taxes on International Trade and Transactions

24.59

22.40

28.42

25.35

25.12

45.72

50.46

Of which:

Import Duty

18.99

17.49

22.71

19.83

19.61

35.44

39.44 10.56

Customs Surcharge Embarkation Tax

5.33 0.01

4.70

5.55 0.02

5.30 0.01

5.26 0.00

9.83 0.01

(0.01)

0.01

Non-Tax Revenue

8.69

8.57

9.63

9.79

8.24

19.07

18.03

Current Expenditure Personal Emoluments Good and Services

52.58 21.61 13.60

47.55 20.78 12.72

63.49 24.49 15.96

41.79 20.09

58.71 20.68 17.07

96.60 42.63 21.56

100.50

40.77 25.60

8.53 2.26 2.25 0.01

7.20 2.19 5.00

8.82 5.19 3.63

9.45 4.44 5.01

Interest Payments

4.42 2.62 1.80

2.55 2.38 0.17

9.77 4.34 5.43

Domestic External

Transfers and Subsidies

12.96

11.50

13.27

10.91

13.76

23.59

24.68

Of which: Pensions

2.10

2.16

2.18

2.14

2.14

4.27

4.29

Current Account Balance

(2.60)

4.89

(14.47)

23.81

2.22

2.17

26.03

Capital Revenue

-

-

-

-

-

-

-

Grants

0.26 0.26 0.90 0.90 0.92 1.18

21.24 21.24

9.05 9.05

- -

- -

3.93 3.93 3.27 3.27

- -

Of which: Capital Grants

Capital Expenditure and Net Lending

8.88 8.88

13.48 13.48

0.73 0.73

0.69 0.69 8.72 8.72 1.53 1.53

1.42 1.42

Of which: Capital Expenditure

Primary Balance before grants Primary Balance after grants Overall Balance before grants Overall Balance after grants

(1.45)

(18.18) (9.13) (27.95) (18.90)

25.34 25.34 23.08 23.08

7.72

34.06 34.06 24.61 24.61

19.79

11.64

(3.50) (3.24)

(4.00)

(1.10)

17.24

2.82

Financing

3.24

(17.24) (13.92) (22.10) (50.92) 59.09

18.90

(23.08) (18.43) (5.46) (20.86)

(1.53)

(2.82) (8.19) (0.74)

(24.61) (16.00) (6.08) (20.19) 10.28 (6.35) (6.35)

Domestic

(0.20) (0.59)

(6.47) (2.42) (7.26)

2.43

ECCB (net)

(0.62)

11.33

Commercial Banks (net)

5.11

0.66 2.39

Other

(4.72)

3.20

7.89

(18.78) (3.15) (3.15)

External

0.14 0.14 0.14

0.03 0.03 0.05 0.03

30.54 30.54 40.22

(3.15) (3.15)

(3.20) (3.20)

Net Disbursements/(Amortisation)

Disbursements Amortisation

0.06 3.22

0.02 3.22

0.14 3.29 8.52 8.52 -

0.08 6.43

- -

9.67

Change in Government Foreign Assets

-

-

-

-

-

Arrears

3.30 3.30

(3.35) (3.35)

(5.17) (5.17)

(1.50) (1.50)

(0.76) (0.76)

(2.26) (2.26)

Domestic External

- -

- -

- -

- -

- -

- -

- -

Other Financing

Source: Treasury Department, Anguilla and the Eastern Caribbean Central Bank Data as at 11 September 2019

119

Eastern Caribbean Central Bank