Antigua reports shortfall in government revenues
Published:Thursday | May 14, 2009 | 12:51 PM
Antigua and Barbuda\'s finance minister Harold Lovell is reporting a 25 percent shortfall in government revenues with key sales tax and tourism receipts down.
Mr. Lovell is warning that there would be budget cuts, to bring expenditure in line with revenue.
He says the government would seek to spare those most vulnerable to the economic downturn.
Mr Lovell wants the public and businesses to submit ideas on social and economic reforms.
