GOVERNMENT TO TEMPORARILY SLASH RATE OF ABST TO HELP CONSUMERS The government is set to make another intervention to cushion the impacts of inflation on households nationwide. The standard 17 per cent rate of the Antigua and Barbuda Sales Tax is to be reduced to 7 per cent for a short while later this year. The fiscal measure in response to inflation is also set to stimulate consumer spending and aggregate demand. Cabinet made the decision at its meeting on Thursday. Shannakisha Francis reports.
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