The government of Antigua and Barbuda has introduced a substantial economic relief initiative designed to alleviate financial burdens on citizens during the Christmas season. This comprehensive package features multiple fiscal measures including tax reductions, duty exemptions on seasonal foods, and the revival of a popular import program.
Maurice Merchant, Director General of Communications, confirmed that Cabinet approved these interventions to assist households in managing budgetary constraints exacerbated by increasing global import expenses and traditional holiday expenditures. The centerpiece of the relief strategy involves a temporary reduction of the Antigua and Barbuda Sales Tax (ABST) from 17 percent to 7 percent during December 19-21. Merchant characterized this three-day tax reduction as a dual-purpose stimulus that benefits both consumers and retail enterprises.
A significant component of the package is the reinstatement of the Christmas Barrel Initiative, enabling families to import personal goods at substantially reduced costs. Effective from December 1 through January 15, participants will pay merely a $10 processing fee along with a 10 percent Revenue Recovery Charge for eligible items.
Additionally, the government has implemented complete duty and tax exemptions on imported hams, turkeys, and whole chickens between November 25 and December 25. This waiver encompasses customs duties, import duties, and ABST, specifically targeting the reduction of prices for traditional holiday foods to support low and middle-income families.
Merchant emphasized during the post-Cabinet briefing that these measures are strategically designed to help households extend their financial resources during the holiday period. The relief package represents part of a broader governmental approach to combat inflation and reduce food costs, building upon recent zero-rating of essential food imports under the Common External Tariff.
Notably, Treasury officials have coordinated December salary disbursements to precede the ABST reduction days, ensuring alignment with anticipated shopping patterns. Cabinet projections indicate that these combined measures will stimulate consumer spending, bolster local businesses, and mitigate financial pressures during one of the year’s most economically active seasons.