Antigua and Barbuda’s 2024 budget is EC$1.89 Billion
Antigua and Barbuda’s budget for the upcoming year has been announced, and it appears to be only slightly higher than the previous year’s budget.
The new budget has been increased by 5% and amounts to a modest $1.89 billion.
The Ministry of Education, Creative Industries, and Sports have been allocated $184.2 million from the budget, which is slightly lower than the previous year’s allocation of $185 million. Despite this, the ministry remains a significant recipient of the budgetary allocation.
On the other hand, the Ministry of Health, Wellness, Social Transformation, and the Environment has received the highest allocation of funds, amounting to $160.5 million. This marks an increase from the $147 million allocated to them in the previous year’s budget.
Overall, the budget for Antigua and Barbuda seems to be geared towards the development of the nation’s health and wellbeing, social transformation, and the environment while still ensuring that education, creative industries, and sports receive the necessary funding to thrive.
Here are the other allocations:
Advertisement
|
Ministry |
2023 Allocation |
2024 Allocation |
|
Ministry of Housing, Works, Lands and Urban Renewal |
$97.6 million |
$114.6 million |
|
Ministry of Foreign Affairs, Agriculture, Trade and Barbuda Affairs |
$50.1 million |
$52.7 million |
|
Ministry of Tourism, Civil Aviation, Transportation, and Investment |
$38.3 million. |
$37.6 million |
|
Attorney General’s Office and Ministry of Legal Affairs, Public Safety, Immigration and Labour |
$106.3 million |
$114.4 million |
|
Ministry of Information Communication Technologies (ICTs), Utilities and Energy
|
$15.3 million |
$15.3 million |
|
Ministry of Finance, Corporate Governance and Public Private Partnerships |
$121.1 million |
$134.9 million |
|
Office of the Prime Minister |
$36.7 million |
$42.7 million |
As per the budget allocation for the Ministry of Finance, a significant amount of $9.5 million has been earmarked for the Barbuda Council.
This amount represents a substantial increase of 46.15 per cent compared to the budget allocation for the council in the previous year, i.e., 2023.
The allocation of this increased budget is expected to facilitate the council in undertaking various developmental and welfare initiatives for the betterment of the Barbuda community.
This story was first published by Antigua News on : antigua.news/2023/12/16/antigua-and-barbudas-2024-budget-is-ec1-89-billion. © 2023 Antigua News. Republication without permission is not allowed.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Senator Colin O’Neil Earns Political Science Degree at UWI Five Islands, Sets Sights on Law Degree
Senator Colin O’Neil graduates with a Bachelor’s Degree in Political Science from UWI Five Islands Campus and announces plans to pursue a law degree in 2027.
By Cory Wayland
Young Man Suffers Minor Scrapes After Leg Gets Trapped in St. John’s Sidewalk Grating
The incident raises fresh concerns about pedestrian safety following similar occurrences in the city.
By Cory Wayland
Mighty Sparrow’s National Funeral Set for October 16 as Trinidad and Tobago Prepares Grand Farewell
Two days of public viewing and a grand cultural procession will precede the October 16 Celebration of Life honouring the legendary entertainer whose music helped shape Caribbean culture.
By Cory Wayland
Antigua and Barbuda Art Week 2026 to Bring Folklore and Creativity to Life with Exciting New Experiences
From the legendary Jam Bull to evening gallery tours, live painting battles and interactive workshops, this year's Art Week promises an immersive celebration of Antigua and Barbuda's artistic and cultural heritage.
By Cory Wayland
Comments
Be the first to comment.