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<title>Antigua and Barbuda Embassy in Madrid – Ambassador Dario Item</title>
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<description>Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item - Citizenship by Investment Program, Nomad Digital Residency Program, Tax Residence Program, Tourism Office, Relocation, Official Business Hub, Real Estate, Press Review, Hotel, Restaurant, Bar, Night Life, Travel Advisory, Company Formation, Government Investement Projects, Financial Market Offshore Licensing, Concierge VIP, Legal Services, Pictures and Videos of Antigua and Barbuda</description>
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<title>Government of Antigua and Barbuda: The CABINET</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-government-of-antigua-and-barbuda-the-cabinet/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Fri, 17 Jan 2025 08:42:13 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=25296</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-government-of-antigua-and-barbuda-the-cabinet/">Government of Antigua and Barbuda: The CABINET</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_code_inner"><a href="https://embassy.ag/wp-content/uploads/2025/01/the-Cabinet-January-2025.pdf" class="pdfemb-viewer" style="" data-width="max" data-height="max" data-toolbar="top" data-toolbar-fixed="on">the-Cabinet-January-2025</a></div>
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<a class="et_pb_button et_pb_button_0 et_pb_bg_layout_light" href="https://embassy.ag/wp-content/uploads/2025/01/the-Cabinet-January-2025.pdf">View Portfolio</a>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-government-of-antigua-and-barbuda-the-cabinet/">Government of Antigua and Barbuda: The CABINET</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<item>
<title>Prime Minister Browne presents 2025 Budget to House of Parliament</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-prime-minister-browne-presents-2025-budget-to-house-of-parliament/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Thu, 05 Dec 2024 08:58:34 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=25239</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-prime-minister-browne-presents-2025-budget-to-house-of-parliament/">Prime Minister Browne presents 2025 Budget to House of Parliament</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_text_inner"><p><b>ST. JOHN’S, Antigua and Barbuda – 5<sup>th</sup> December 2024</b>……Prime Minister the Hon. Gaston Browne on Thursday is presenting his government’s 2025 Budget Statement outlining that Antigua and Barbuda is poised for greater accomplishments in the coming year.</p>
<p><img fetchpriority="high" decoding="async" class="wp-image-25255 aligncenter" src="https://embassy.ag/wp-content/uploads/2024/12/Prime-Minister-Browne-presents-2025-Budget-to-House-of-Parliament-2.jpg" alt="" width="325" height="244" /></p>
<p>The Prime Minister’s Budget tagged “Creating a Resilient, Harmonios, and Prosperous Nation,” highlights the country’s remarkable growth rate over the years and predicts that the nation will achieve remarkable real GDP growth of at least 6 per cent in 2024, surpassing the International Monetary Fund’s (IMF) global growth projection of 3.2 per cent.</p>
<p>Prime Minister Browne says that this performance outstrips major economies such as the United States, the Euro area, and the United Kingdom.</p>
<p>“Over the past three years, from 2021 to 2023, we have maintained an impressive average annual growth rate of 7.4 per cent. In our region, only Guyana, with its burgeoning oil and gas sector, has exceeded our growth rate.This achievement is a testament to the effective management of our economy and the resilience of our people,” he said.</p>
<p><img loading="lazy" decoding="async" class="wp-image-25249 aligncenter" src="https://embassy.ag/wp-content/uploads/2024/12/Prime-Minister-Browne-presents-2025-Budget-to-House-of-Parliament-1.jpg" alt="" width="321" height="241" /></p>
<p>The IMF projected robust economic performance for Antigua and Barbuda, anticipating real GDP growth of 5.8 per cent in 2024 and 3.5 per cent in 2025.</p>
<p>“We have surpassed the 2024 projection and are confident that, with the continued support and contribution of every working person in our country, we will exceed the 3.5 per cent growth forecast for 2025.These figures are not mere statistics; they reflect the unwavering spirit of our people and the soundness of our economic strategies and policies,” Prime Minister Browne pointed out.</p>
<p>The Prime Minister stated that the country is poised for even greater accomplishments in 2025.</p>
<p><img loading="lazy" decoding="async" class="wp-image-25243 aligncenter" src="https://embassy.ag/wp-content/uploads/2024/12/Prime-Minister-Browne-presents-2025-Budget-to-House-of-Parliament-1-e1747039673680.jpeg" alt="" width="292" height="390" /></p></div>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-prime-minister-browne-presents-2025-budget-to-house-of-parliament/">Prime Minister Browne presents 2025 Budget to House of Parliament</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<item>
<title>Construction plays major role in country’s economic growth</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-construction-plays-major-role-in-countrys-economic-growth/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Thu, 05 Dec 2024 08:55:48 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=25229</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-construction-plays-major-role-in-countrys-economic-growth/">Construction plays major role in country’s economic growth</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_text_inner"><p><b>ST. JOHN, Antigua and Barbuda – 5<sup>th</sup> December 2025……..</b>The country’s construction industry has been identified as a major player in the country’s economic growth, contribution a record $900 million to the national economy in 2024. </p>
<p>This was outlined by Prime Minister Gaston Browne during his Budget Presentation, stating that the performance was propelled by work on major private sector projects such as construction of Airbnb properties and the international franchise restaurant, The Hut, on Little Jumby Bay. </p>
<p>He pointed out that several hotel properties were renovated including the Hermitage Bay Resort, Carlisle Bay Resort, and the Royalton Chic Hotel was completed.</p>
<p>“The ongoing PLH project on Barbuda continues to play a pivotal role in this sector, creating employment and business opportunities for thousands of our citizens and residents. Additionally, data from the Development Control Authority for the period January to October 2024 signal an increase in residential and commercial property construction and renovations,” Prime Minister Browne outlined. </p>
<p>It was also revealed that there was a 14 per cent increase in applications for residential and commercial construction valued at $464 million.</p>
<p>The country’s leader said that this means that not only will the State gain more revenues from property taxes to finance further development; it also means that the physical appearance and the wealth of the nation are greatly enhanced.</p>
<p>“Mr. Speaker, that is also an indication of the confidence our people, and the business community, have in our economy, and we shall continue to work hard to ensure that everyone benefits from this thriving economy in which we live. In short, Mr. Speaker, in the words of one of our slogans from a few years ago – “Ain’t no stopping us now; we’re on the move!,” said the Prime Minister.</p>
<p>Prime Minister Browne concluded that the country is securely on the path to becoming an economic powerhouse.</p></div>
</div><div class="et_pb_module et_pb_image et_pb_image_0">
<a href="https://bnnbreaking.com/international-relations/ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/"><span class="et_pb_image_wrap has-box-shadow-overlay"><div class="box-shadow-overlay"></div><img loading="lazy" decoding="async" width="600" height="328" src="https://embassy.ag/wp-content/uploads/2024/12/Construction-plays-major-role-in-countrys-economic-growth-e1747039993856.png" alt="Antigua and Barbuda and Brazil Strengthen ties" title="Construction plays major role in country's economic growth" class="wp-image-25232" /></span></a>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-construction-plays-major-role-in-countrys-economic-growth/">Construction plays major role in country’s economic growth</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<item>
<title>Citizenship by investment</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-citizenship-by-investment/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Fri, 04 Oct 2024 07:00:50 +0000</pubDate>
<category><![CDATA[Investments]]></category>
<guid isPermaLink="false">https://embassy.ag/dario-item-antigua-barbuda-why-invest-in-antigua-barbuda-copy/</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-citizenship-by-investment/">Citizenship by investment</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<span class="et_pb_image_wrap has-box-shadow-overlay"><div class="box-shadow-overlay"></div><img loading="lazy" decoding="async" width="800" height="600" src="https://embassy.ag/wp-content/uploads/2020/10/Dario-Item-Citizenship.jpg" alt="Dario Item Citizenship" title="Dario Item Citizenship" srcset="https://embassy.ag/wp-content/uploads/2020/10/Dario-Item-Citizenship.jpg 800w, https://embassy.ag/wp-content/uploads/2020/10/Dario-Item-Citizenship-480x360.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 800px, 100vw" class="wp-image-2009" /></span>
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<div class="et_pb_text_inner"><p><a href="https://antiguabarbuda.com/dario-item-citizenship-by-investment-program/" target="_blank" rel="noopener noreferrer"><span style="color: #0c71c3;"><strong>Citizenship by Investment Program</strong></span></a></p>
<p><em>Antigua and Barbuda offers the possibility to acquire citizenship by investing in the country.</em><em> </em></p>
<p><em>Features</em><em> :</em></p>
<p style="padding-left: 30px;">– travel mobility with an Antigua & Barbuda passport</p>
<p style="padding-left: 30px;">– Visa free travel to 150 countries, including EU Schengen areas, the United Kingdom, Hong Kong, Canada, Russia and Singapore.</p>
<p style="padding-left: 30px;">– useful for international personal tax planning (no taxes for individuals)</p>
<p style="padding-left: 30px;">– no taxes on worldwide income</p>
<p style="padding-left: 30px;">– provides personal security and privacy</p>
<p style="padding-left: 30px;">– lifestyle and retirement option</p>
<p style="padding-left: 30px;">– competitive processing fees</p>
<p style="padding-left: 30px;">– confidentiality of application procedure</p>
<p style="padding-left: 30px;">– timeline approximately 60-90 days starting from the application submission</p></div>
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<div class="et_pb_text_inner"><p><em style="font-size: 16px;">The investment options</em><em style="font-size: 16px;"> </em></p>
<p class="p1"><strong><span class="s1">A. For a single applicant</span></strong></p>
<ul>
<li class="p1">US$230,000 contribution</li>
<li class="p1">Processing fees: US$10,000 <span class="s4"> </span></li>
</ul>
<p class="p1"><strong><span class="s1">B. For a family of 4 or less</span></strong></p>
<ul>
<li class="p1">US$230,000 contribution</li>
<li class="p1">Processing fees: US$20,000</li>
</ul>
<p class="p1"><strong><span class="s1">C. Family of 5 or more:-</span></strong></p>
<ul>
<li>US$230,000 Contribution</li>
<li>Processing Fees: US$ 20,000 plus an incremental amount of US$10,000 from the 5th dependent onwards.</li>
</ul>
<p style="padding-left: 30px;">– real estate option – minimum of US$300,000</p>
<p style="padding-left: 30px;">– investment in business – minimum of US$1.5 million for a single investor; or $400,000 as part of a consortium investment of more than $5m.</p>
<p><a href="https://antiguabarbuda.com/dario-item-tax-residency-program/" target="_blank" rel="noopener noreferrer"><strong style="color: #0c71c3;">Tax Residency Program</strong></a></p>
<p>Antigua & Barbuda offers a special Tax Residency Program. <span style="font-size: 16px;">Permanent Residency can be applied for, on an annual basis, under the following conditions:</span></p>
<p style="padding-left: 30px;">– Must maintain a place of abode in Antigua (leased or rented)</p>
<p style="padding-left: 30px;">– Physical presence of at least 30 days</p>
<p style="padding-left: 30px;">– Payment of a flat tax of US$20,000 per annum</p>
<p style="padding-left: 30px;">– Permanent Residents receive a certificate of residency and a TIN (Tax Identification Number)</p>
<p><span class="parpadea text" style="color: #ff0000;"><strong>Embassy staff are at your disposal to show you all investment opportunities in the country. Contact us to arrange a meeting! <span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.embassy.ag/dario-item-antigua-barbuda-contact/">click here</a></span></strong></span></p>
<p>More information available on the website of the Citizenship by Investment Unit (CIU) —> <a href="https://cip.gov.ag/" target="_blank" rel="noopener noreferrer">link</a></p></div>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-citizenship-by-investment/">Citizenship by investment</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>PM Gaston Browne meets Consul General Dr. Marco Garavaglia</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-pm-gaston-browne-meets-consul-general-dr-marco-garavaglia/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Tue, 07 May 2024 09:03:36 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=25050</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-pm-gaston-browne-meets-consul-general-dr-marco-garavaglia/">PM Gaston Browne meets Consul General Dr. Marco Garavaglia</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-pm-gaston-browne-meets-consul-general-dr-marco-garavaglia/">PM Gaston Browne meets Consul General Dr. Marco Garavaglia</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>Le Consulat Général d’Antigua-et-Barbuda à Monaco a rencontré le Premier Ministre d’Antigua-et-Barbuda</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-26-avril-le-consulat-general-dantigua-et-barbuda-a-monaco-a-rencontre-le-premier-ministre-dantigua-et-barbuda/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Tue, 07 May 2024 08:44:26 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=25036</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-26-avril-le-consulat-general-dantigua-et-barbuda-a-monaco-a-rencontre-le-premier-ministre-dantigua-et-barbuda/">Le Consulat Général d’Antigua-et-Barbuda à Monaco a rencontré le Premier Ministre d’Antigua-et-Barbuda</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-26-avril-le-consulat-general-dantigua-et-barbuda-a-monaco-a-rencontre-le-premier-ministre-dantigua-et-barbuda/">Le Consulat Général d’Antigua-et-Barbuda à Monaco a rencontré le Premier Ministre d’Antigua-et-Barbuda</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>Antigua and Barbuda and Brazil Strengthen ties</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-antigua-and-barbuda-and-brazil-strengthen-ties/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Sat, 02 Mar 2024 08:28:01 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=24984</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-antigua-and-barbuda-and-brazil-strengthen-ties/">Antigua and Barbuda and Brazil Strengthen ties</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_text_inner"><p><b>KINGSTOWN, Saint Vincent and the Grenadines – 2<sup>nd</sup> March 2024</b>……Antigua and Barbuda, and Brazil strengthened economic and diplomatic ties on Friday at 8th Summit of Heads of State and Government of the Community of Latin America and Caribbean States (CELAC) being held here.</p>
<p>The Honourable Gaston Browne, Prime Minister of Antigua and Barbuda, and His Excellency Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil took further steps to strengthen relations between the two nations through the signing of an Air Service Agreement.</p>
<p>The Agreement will pave the way for further economic cooperation between the two countries through trade and investment. </p>
<p>President Lula also used the opportunity to announce that Brazil will reopen its Embassy in Antigua and Barbuda, solidifying a commitment to deepening relations between St. John’s and Brasília. The news of the reopening of the Brazilian Embassy was welcomed by Prime Minister Browne who mentioned that Antigua and Barbuda would be seeking to establish a presence in Brazil. </p>
<p>Prime Minister Browne also used the occasion to request support for and extended an invitation to Brazil to attend the upcoming 4th International Conference on Small Island Developing States to be held in Antigua and Barbuda from 27 to 30 May, 2024.</p></div>
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<a href="https://bnnbreaking.com/international-relations/ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/"><span class="et_pb_image_wrap has-box-shadow-overlay"><div class="box-shadow-overlay"></div><img loading="lazy" decoding="async" width="924" height="1045" src="https://embassy.ag/wp-content/uploads/2024/03/Antigua-and-Barbuda-and-Brazil-Strengthen-ties.jpeg" alt="Antigua and Barbuda and Brazil Strengthen ties" title="Antigua and Barbuda and Brazil Strengthen ties" class="wp-image-24987" /></span></a>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-antigua-and-barbuda-and-brazil-strengthen-ties/">Antigua and Barbuda and Brazil Strengthen ties</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>Ambassador Dario Item: A Driving Force Behind Antigua and Barbuda’s Development</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/</link>
<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
<pubDate>Fri, 19 Jan 2024 09:05:23 +0000</pubDate>
<category><![CDATA[Press Review]]></category>
<guid isPermaLink="false">https://darioitem.press/?p=21410</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/">Ambassador Dario Item: A Driving Force Behind Antigua and Barbuda’s Development</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<a href="https://bnnbreaking.com/international-relations/ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/"><span class="et_pb_image_wrap has-box-shadow-overlay"><div class="box-shadow-overlay"></div><img loading="lazy" decoding="async" width="708" height="800" src="https://embassy.ag/wp-content/uploads/2024/01/2024-01-19-e1747040245674.jpg" alt="Ambassador Dario Item: A Driving Force Behind Antigua and Barbuda’s Development<br />
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-ambassador-dario-item-a-driving-force-behind-antigua-and-barbudas-development/">Ambassador Dario Item: A Driving Force Behind Antigua and Barbuda’s Development</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>Gaston Browne administration introduces new fiscal measures to strengthen revenue collection</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-gaston-browne-administration-introduces-new-fiscal-measures-to-strengthen-revenue-collection/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Mon, 18 Dec 2023 07:40:58 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=24792</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-gaston-browne-administration-introduces-new-fiscal-measures-to-strengthen-revenue-collection/">Gaston Browne administration introduces new fiscal measures to strengthen revenue collection</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_text_inner"><p style="text-align: left;"><b>ST. JOHN’S, Antigua and Barbuda – 17<sup>th</sup> December 2023…..</b> “We will introduce a number of fiscal measures in 2024, to strengthen revenue collection, reduce distortions in the tax system and improve taxpayer compliance.” Those were the words of Prime Minister the Hon. Gaston Browne in Parliament on Friday as he presented the government’s 2024 National Budget.</p>
<p style="text-align: left;">During the presentation, Prime Minister Browne announced adjustments to several of the taxes charged to individuals and businesses. He also announced the widening of the list of items that are zero rated for the additional two percent increase in the rate of the Antigua and Barbuda Sales Tax (ABST).</p>
<p style="text-align: left;">PM Browne was quick to note that despite the adjustments, Antigua and Barbuda remains the country with the lowest rate of taxation in the OECS region and beyond within the CARICOM community.</p>
<p style="text-align: left;">“It should be noted that even with the revenue reforms; tax to GDP, to include organic revenue growth will, only increase by 0.7 percent to 15.7 percent; we will still have the lowest tax to GDP ratio and revenue to GDP ratio in the region,” he detailed.The adjustments in the taxes include the following;</p>
<ul type="disc" style="text-align: left;">
<li>Implementing the increased property tax rate on properties valued at $3 million or more.</li>
<li>Implementing a 10% excise tax on alcohol, tobacco, and cannabis products.</li>
<li>Increasing the Money Transfer Levy from 2% to 5%.</li>
<li>Broadening the ABST tax base by enhancing the list of services that would attract the ABST – including online streaming services. We will also end the concessionary ABST rate applicable to several transactions, most notably in the tourism sector.</li>
<li>Increasing the ABST rate from 15% to 17% and applying this rate to the tourism sector, which currently attracts a rate of 14%.</li>
</ul>
<p style="text-align: left;">Meanwhile, government will continue to pursue its social relief programme by extending the extending the ABST zero-rated items. These items include:</p>
<ul type="disc" style="text-align: left;">
<li>most fruits and vegetables to include but not limited to bananas, oranges, grapes, potatoes, broccoli, cauliflower and lettuce</li>
<li>baby products</li>
<li>dry goods and oils to include pasta, sugar, corn meal, flour, rice, and cooking oils</li>
<li>chicken, fish, local produced meats, eggs, canned sardines and tuna</li>
<li>bread</li>
<li>cereals, cheese and milk</li>
<li>water</li>
<li>medicine, pharmaceutical supplies, and adult diapers</li>
</ul>
<p style="text-align: left;">Additionally, exempt supplies for use in the agriculture and fisheries sectors will not be affected by the change in the ABST rate, he added.</p>
<p style="text-align: left;">The Antigua and Barbuda government is proposed a National Budget of $1.9 billion for the fiscal year 2024.</p>
<p style="text-align: left;">Prime Minister Browne told parliamentarians and the nation that the total revenues and grants for 2024 will amount to $1.2 billion which represents 18.7 percent of GDP. Total expenditures, excluding amortization payments, will amount to $1.3 million or 20 percent of GDP. Amortization payments have been tagged at $569.5 million or 8.9 percent of GDP and the country’s net financing requirements is $649.7 million or 10.1 percent of GDP.</p>
<p style="text-align: left;">PM Browne explained that in order to meet the net financing requirements for Budget 2024, the government will primarily rely on the issuance of securities on the Regional Government Securities Market, which will amount to $250 million, and disbursement of loans and advances amounting to $210 million.</p>
<p style="text-align: left;">Debate on the 2024 Budget will commence on Tuesday 19<sup>th</sup> December 2023.</p></div>
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-gaston-browne-administration-introduces-new-fiscal-measures-to-strengthen-revenue-collection/">Gaston Browne administration introduces new fiscal measures to strengthen revenue collection</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<title>PM Browne intensifies call for global action on the climate crisis at COP28 in Dubai</title>
<link>https://embassy.ag/dario-item-antigua-barbuda-pm-browne-intensifies-call-for-global-action-on-the-climate-crisis-at-cop28-in-dubai/</link>
<dc:creator><![CDATA[IT]]></dc:creator>
<pubDate>Mon, 04 Dec 2023 08:08:51 +0000</pubDate>
<category><![CDATA[General News]]></category>
<guid isPermaLink="false">https://embassy.ag/?p=24720</guid>
<description><![CDATA[<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-pm-browne-intensifies-call-for-global-action-on-the-climate-crisis-at-cop28-in-dubai/">PM Browne intensifies call for global action on the climate crisis at COP28 in Dubai</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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<div class="et_pb_text_inner"><p style="text-align: left;"><b>DUBAI, UAE –3<sup>rd</sup> December 2023</b>…Antigua and Barbuda Prime Minister the Hon. Gaston Browne, a staunch advocate for solutions to combat many of the issues confronting small island states, made a fervent appeal for the world to unify as fears intensify about the climate crisis.</p>
<p style="text-align: left;">Prime Minister Browne was at the time addressing Saturday’s plenary of COP28 now taking place in Dubai where he joined a list of global leaders in sharing their country’s position on the various remedies being considered to reduce the worsening impact of climate change.</p>
<p style="text-align: left;">But progress, he noted, is lagging and ambition is still well off from the mitigation and adaptation measures that island nations urgently require in driving positive action on the climate front.</p>
<p style="text-align: left;">“…climate change is fast outpacing the incremental progress we have made since Paris, with potential catastrophic consequences if we overshoot the 1.5 degrees threshold,” Prime Minister Browne told the meeting.</p>
<p style="text-align: left;">“The irony is, that small island states that contribute the least to global CO2 emissions – a mere 0.5 percent are its greatest victims,” he declared. It’s a cry that rings with familiarity as the Antigua and Barbuda leader has remained constant in his appeal for the industrialised world to scale up their ambitions so vulnerable countries can build the necessary resilience to recover from climate impacts.</p>
<p style="text-align: left;">Forthright and fearless, he told the summit: “The future weapons of mass destruction will not be bombs or guns; they will be scorching temperatures, persistent droughts, rising tides and ferocious winds.”</p>
<p style="text-align: left;">“Despite these dire potential consequences to all of humanity; the protection of the fossil fuel industry continues to be a priority in the pursuit of extortionate profits, at the expense of all of humanity, especially people in climate vulnerable countries,” Prime Minister Browne contended in an overt swipe at the industrialised world.</p>
<p style="text-align: left;">“Is it fair and just, that powerful countries could profiteer from the irresponsible and profligate use of fossil fuels at the expense of the obliteration of vulnerable countries? Is it fair?” he asked.</p>
<p style="text-align: left;">Prime Minister Browne used the opportunity to press home an appeal for the adoption of the Multidimensional Vulnerabiltity Index so as to increase access by island nations to the financing they need in times of disaster.</p>
<p style="text-align: left;">He repeated his call for the introduction of a carbon tax and welcomed the proposal by France & Kenya to establish a global tax on green-house gas emissions to scale up climate funding.</p>
<p style="text-align: left;">“In addition, we support the call for a Fossil Fuel non-proliferation treaty to build momentum to curbing the use of fossil fuels and to accelerate the transition to renewables” he added.</p>
<p style="text-align: left;">The Global Stocktake is a major undertaking at this year’s COP as it measures the effort by countries to meet their goals in helping to reduce the impact of climate change and keep within the 1.5 warming limit.</p>
<p style="text-align: left;">The science shows that an overshoot of the 1.5 degree warming threshold will spell untold disaster for small vulnerable island nations like Antigua and Barbuda.</p>
<p style="text-align: left;">The GST, Prime Minister Browne noted, should reaffirm the commitments to a “1.5 degrees pathway for a just, equitable and accelerated transition, the Capitalization and Operationalisation of the Loss & Damage fund and the Provision of adequate transformational finance for a 1.5 degrees agenda and interim adaptation and mitigation funding.”</p>
<p style="text-align: left;">Accompanying Prime Minister Browne to the plenary was Minister of Health and the Environment Sir Molwyn Joseph, Antigua and Barbuda’s Permanent Representative to the United Nations Ambassador Walton Webson, Deputy Permanent Representative Tumasie Blair and First Secretary at the Antigua and Barbuda Mission Claxton Duberry.</p></div>
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<img loading="lazy" decoding="async" width="400" height="284" src="https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-4-400x284.jpg" srcset="https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-4.jpg 479w, https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-4-400x284.jpg 480w" sizes="(max-width:479px) 479px, 100vw" class="wp-image-24741" />
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<img loading="lazy" decoding="async" width="400" height="284" src="https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-5-400x284.jpg" srcset="https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-5.jpg 479w, https://embassy.ag/wp-content/uploads/2023/12/PM-Browne-intensifies-call-for-global-action-on-the-climate-crisis-at-COP28-in-Dubai-5-400x284.jpg 480w" sizes="(max-width:479px) 479px, 100vw" class="wp-image-24747" />
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<p>La entrada <a href="https://embassy.ag/dario-item-antigua-barbuda-pm-browne-intensifies-call-for-global-action-on-the-climate-crisis-at-cop28-in-dubai/">PM Browne intensifies call for global action on the climate crisis at COP28 in Dubai</a> se publicó primero en <a href="https://embassy.ag">Antigua and Barbuda Embassy in Madrid - Ambassador Dario Item</a>.</p>
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