June 2020 Economic and Financial Review

June 2020 Economic and Financial Review

STATISTICAL TABLES

Table 8 Anguilla - Central Government Fiscal Operations (In millions of Eastern Caribbean dollars)

2019

2019 2019

2020 2020ᴾ

2019 2020ᴾ

2ᵑᵈQr

3ʳᵈQr

4ᵗʱQr

1ˢᵗ Qr

2ᵑᵈQr Jan - Jun Jan - Jun

61.13

56.46

38.63

48.11

28.18

126.73

76.29

Current Revenue

Tax Revenue

52.89

47.01

29.86

41.44

21.12

108.70

62.56

Taxes on Income and Profits

4.45 4.32

4.45 4.37

3.88 3.81

4.05 4.01

2.90 2.90

8.51 8.32

6.95 6.91

Of which: Stabilisation Levy

Taxes on Property

5.08

1.71

1.04

0.55

2.06

5.71

2.61

Taxes on Domestic Goods and Services

18.25

19.11

11.02

23.20

9.28

44.02

32.48

Of which:

Licenses

3.63 9.12 1.46

3.06 5.68 2.94

2.89 3.91 1.52

6.72

2.55 2.81 1.26

11.01 20.59

9.27

Accommodation Tax

12.51

15.32

Stamp Duties

1.12

3.52

2.38

Taxes on International Trade and Transactions

25.12

21.74

13.92

13.64

6.88

50.46

20.52

Of which:

Import Duty

19.61

16.97

12.29

11.38

6.25 0.63

39.44 10.56

17.63

Customs Surcharge Embarkation Tax

5.26 0.00

4.56 0.00

1.63 0.00

2.20 0.01

2.83 0.00

(0.00)

0.01

Non-Tax Revenue

8.24

9.45

8.78

6.67

7.06

18.03

13.73

58.71

49.51

58.19

42.55

48.60

100.50

91.15

Current Expenditure

Personal Emoluments Good and Services

20.68 17.07

20.26 12.03

23.38 14.67

20.55

20.56 13.73

40.77 25.60

41.11 22.50

8.77 2.17 2.15 0.02

Interest Payments

7.20 2.19 5.00

4.63 2.15 2.48

4.68 2.23 2.45

4.38 2.15 2.24 9.92 1.60

9.45 4.44 5.01

6.56 4.30 2.26

Domestic

External

Transfers and Subsidies

13.76

12.58

15.46

11.06

24.68

20.98

Of which: Pensions

2.14

2.12

1.57

2.10

4.29

3.70

2.42

6.95

(19.56)

5.56

(20.42)

26.23

(14.86)

Current Account Balance

-

-

-

0.55

0.26

-

0.81

Capital Revenue

- -

- -

16.76 16.76

- -

- -

- -

- -

Grants

Of which: Capital Grants

0.69 0.69

2.47 2.47

5.66 5.66

1.49 1.49

1.79 1.79

1.42 1.42

3.28 3.28

Capital Expenditure and Net Lending

Of which: Capital Expenditure

8.92 8.92

9.11 9.11

(20.53)

6.79 6.79

(17.56) (17.56)

34.26 34.26

(10.77) (10.77)

Primary Balance before grants Primary Balance after grants

(3.77)

1.72 1.72

4.48 4.48

(25.22)

4.62 4.62

(21.94) (21.94)

24.81 24.81

(17.33) (17.33)

Overall Balance before grants Overall Balance after grants

(8.46)

(1.72)

(4.48) (0.65) (1.53) (1.45) (2.75) (2.75) 2.33

8.46 4.29 3.51 3.82 0.83 0.83 0.88 0.04

(4.62)

21.94 44.40

(24.81) (16.20)

17.33 55.39

Financing

Domestic

2.23

10.99

ECCB (net)

(0.62)

- -

- -

(6.08)

- -

Commercial Banks (net)

0.66 2.19

(3.04)

(20.19)

Other

10.99

44.40

10.08

55.39

External

(3.20) (3.20)

(3.72) (3.72)

(3.63) (3.63)

(6.35) (6.35)

(7.35) (7.35)

Net Disbursements/(Amortisation)

Disbursements

0.02 3.22

0.51 3.26

-

-

0.08 6.43

-

Amortisation

3.72

3.63

7.35

Change in Government Foreign Assets

-

-

-

-

-

-

-

Arrears

(0.76) (0.76)

(1.08) (1.08)

3.34 3.34

(11.89) (11.89)

(18.83) (18.83)

(2.26) (2.26)

(30.72) (30.72)

Domestic

External

- -

- -

- -

- -

- -

- -

- -

Other Financing

Source: Treasury Department, Anguilla and the Eastern Caribbean Central Bank Data as at 14 August 2020

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