TohidA/MONA · Datasets at Hugging Face

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 15 out of 23 state-owned enterprises to file all tax returns and remit all taxes or have payment arrangements in place with IRD.

3

06/30/2012

MOD-DATE

Introduced at R4R5R6. 12 done by end-August, 15 expected to be compliant by end-October.

8

3

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 15 out of 23 state-owned enterprises to file all tax returns and remit all taxes or have payment arrangements in place with IRD.

3

10/31/2012

M

At R7, new test date of end-October 2012. At R8R9, fully met. 19 out of 23 SOEs were compliant by December, 2012 and on track to have all 23 compliant by March, 2013.

8

3

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed -- 70 percent of chartered accountants compliant, but lawyers and doctors still outstanding. New test date of end-December 2012.

8

4

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

12/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - 64 percent of chartered accountants compliant, lawyers and doctors uncertain.

8

4

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

04/30/2013

SB

New test date specified at R8R9.

8

4

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Commence and complete a valuation/ compliance audit on petroleum imports including the required use of dip stick process to reduce contraband.

5

06/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, delayed. TA to be provided for a review of current system in September and a petroleum sector control audit in October - recommendations to be made for reforms going forward.

8

5

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Commence and complete a valuation/ compliance audit on petroleum imports including the required use of dip stick process to reduce contraband.

5

10/31/2012

M

New test date specified at R7. At R8R9, met.

8

5

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

06/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - due to be gazetted in October.

8

6

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed. On track for April 1, 2013.

8

6

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

04/30/2013

SB

New test date specified at R8R9.

8

6

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.5

1.5. Debt Management

Develop guidelines for issuing government debt guarantees.

1

06/30/2011

M

Introduced at R2R3.

8

1

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.5

1.5. Debt Management

Begin publishing quarterly debt information.

2

03/31/2011

M

Introduced at R2R3.

8

2

2011-03-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Implement regulations for the Finance Administration Act.

1

06/30/2010

M

Introduced at R0. Objective: improve fiscal transparency and expenditure controls.

8

1

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Strengthen Treasury operations, including cash and voucher managemnt systems.

2

12/31/2010

M

Introduced at R0. Objective: improve fiscal transparency and expenditure controls.

8

2

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Enact new Procurement Act.

3

09/30/2010

MD

Introduced at R0. Objective: improve fiscal transparency and expenditure controls. At R1, delayed, presented to Parliament, being reviewed by select committee.

8

3

2010-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Develop and implement penalties for breaching expenditure controls.

4

09/30/2011

NM

Introduced at R2R3. At R4R5R6, in process.

8

4

2011-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Review external audit department.

5

12/31/2011

MOD-SB

Introduced at R2R3. At R4R5R6, in process. Modified to "Review external audit department and adopt a strategic development plan".

8

5

2011-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - awaiting TA, should be completed by end-October.

8

7

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - TA to start in mid-March.

8

7

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

05/31/2013

SB

New test date specified at R8R9.

8

7

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Clear up the FY2007 to FY2010 financial statements backlog.

8

12/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, on track. At R8R9, Delayed. 2006-07 and 2010 completed; 2008-09 outstanding.

8

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Clear up the FY2007 to FY2010 financial statements backlog.

8

06/30/2013

SB

New test date specified at R8R9.

8

2013-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Activate purchase order module in Free Balance to improve commitments control for PSIP projects.

9

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - due to technical and hardware problems. Free balance current procedures to apply. Expected to be completed by end-October.

8

9

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Activate purchase order module in Free Balance to improve commitments control for PSIP projects.

9

10/31/2012

NM

New test date specified at R7. At R8R9, Delayed. Free balance commitment obligation module adopted in lieu of PO model due to technical and hardware problems.

8

9

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Review external audit department and adopt a strategic development plan.

10

08/31/2012

MOD-DATE

Modified from an existing SB adding text 'and adopt a strategic development plan'. At R4R5R6, new test date. "and adopt a strategic development plan." At R7, Delayed - TA will begin in September, expected to be completed by end-October.

8

10

2012-08-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Review external audit department and adopt a strategic development plan.

10

10/31/2012

M

New test date specified at R7. At R8R9, met.

8

10

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Initiate work on the Civil Service Transformation program (payroll survey).

1

06/30/2010

M

Introduced at R0. Objective: Reduce the wage bill to help improve fiscal performance.

8

1

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Initiate functional reviews of ministries not already reviewed.

2

06/30/2011

MOD-DATE

Introduced at R2R3. At R4R5R6, in process.

8

2

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Initiate functional reviews of ministries not already reviewed.

2

07/31/2012

MOD-DATE

At R4R5R6, new test date. At R7, Delayed - TOR prepared and being reviewed by World Bank, functional review to start in November.

8

2

2012-07-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Initiate functional reviews of ministries not already reviewed.

2

11/30/2012

M

New test date specified at R7. At R8R9, met.

8

2

2012-11-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete draft of revised public service legislation.

3

09/30/2011

MOD-DATE

Introduced at R2R3. At R4R5R6, in process.

8

3

2011-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete draft of revised public service legislation.

3

09/30/2012

M

At R4R5R6, new test date.

8

3

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Initiate comprehensive reform of the social security scheme.

1

12/31/2010

M

Introduced at R0. Objective: strengthen social security finances and reduce contingent liabilities. At R2R3, Done. Proposals for reform approved by the Board.

8

1

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Complete TOR for budget impact assessment of selected SOEs.

1

06/30/2011

NM

Introduced at R2R3. At R4R5R6, delayed.

8

1

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Commence reviews of selected SOEs to assess fiscal risks.

2

09/30/2011

MOD-DATE

Introduced at R2R3. At R4R5R6, in process.

8

2

2011-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Commence reviews of selected SOEs to assess fiscal risks.

2

01/31/2013

MOD-DATE

At R4R5R6, new test date. At R7, on track. At R8R9, Delayed.

8

2

2013-01-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Commence reviews of selected SOEs to assess fiscal risks.

2

05/31/2013

SB

New test date specified at R8R9.

8

2

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Set up an oversight institutional and reporting framework for SOEs.

3

12/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, on track. At R8R9, Delayed. TA consultants on the ground March 11-22.

8

3

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24

5. Public enterprise reform and pricing (non financial sector)

Set up an oversight institutional and reporting framework for SOEs.

3

03/31/2013

SB

New test date specified at R8R9.

8

3

2013-03-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Develop a plan for the privatization of selected government enterprises.

1

09/30/2010

M

Introduced at R0. At R1, achieved; divestment of State Insurance Corporation nearing completion.

8

1

2010-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

ECCB onsite inspection of the banks.

1

06/30/2010

M

Introduced at R0. Objective: reduce macro-financial risks. At R4R5R6, described as "ECCB comprehensive examination of the banks".

8

1

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Present legislation to parliament to create a single regulatory unit for the nonbank financial sector in line with regional agreements.

2

09/30/2010

NM

Introduced at R0. Objective: strengthen nonbank regulation and supervision. At R1, delayed; legislation is being drafted.

8

2

2010-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Amend legislation to effectively combat money laundering and financing terrorism.

3

06/30/2010

M

Introduced at R0. Objective: strengthen AML-CFT.

8

3

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Develop a plan from the resolution of the BAICO and CLICO in line with regional efforts.

4

12/31/2010

M

Introduced at R0. Objective: reduce macro-financial risks. At R2R3, in progress. Regional initiative is progressing slowly.

8

4

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

ECCB to provide a strategic plan of action for ABIB 2012.

6

08/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - resolution awaits conclusion of updated valuation, expected in September. Resolution expected in October.

8

6

2012-08-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

ECCB to provide a strategic plan of action for ABIB 2012.

6

10/31/2012

MOD-SB

New test date specified at R7. Revised text of structural benchmark to "ECCB to provide a strategic plan of action for the new bank".

8

6

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

ECCB to conduct on-site examinations of indigenous banks in Antigua and Barbuda.

7

08/31/2012

M

Introduced at R4R5R6. At R7, done.

8

7

2012-08-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Present to Parliament stand-alone legislation to govern the Financial Services Regulatory Commission (FSRC).

8

12/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, on track. At R8R9, Delayed. On track for May.

8

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Present to Parliament stand-alone legislation to govern the Financial Services Regulatory Commission (FSRC).

8

05/31/2013

SB

New test date specified at R8R9.

8

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Complete a strategic plan for the new bank (ABIB resolution).

9

04/30/2013

SB

Modified from SB 'ECCB to provide a strategic plan of action for ABIB 2012.'

8

9

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Recapitalization of Bank of Antigua.

1

06/30/2010

M

Introduced at R0. Objective: strengthen capital of fragile bank. At R1, achieved with two months of delay.

8

1

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Activate and staff the asset management company to deal with assets from ABIB not transferred.

2

08/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - AMC set up but not staffed or operational, pending resolution of ABIB, expected in October.

8

2

2012-08-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Activate and staff the asset management company to deal with assets from ABIB not transferred.

2

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - AMC set up but not operational, pending resolution of ABIB, now expected by end-April.

8

2

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Activate and staff the asset management company to deal with assets from ABIB not transferred.

2

04/30/2013

SB

New test date specified at R8R9.

8

2

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

ECCB to provide strategic plan for restructuring the indigenous banking system.

3

08/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - plan presented for ECCU but specifics to be provided.

8

3

2012-08-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

ECCB to provide strategic plan for restructuring the indigenous banking system.

3

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - TA currently on the ground from World Bank.

8

3

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-04-10

P1

R8R9

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

ECCB to provide strategic plan for restructuring the indigenous banking system.

3

04/30/2013

SB

New test date specified at R8R9.

8

3

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

20.2

1.2. Revenue administration, including customs

Submission to Parliament of the Customs Control and Management Act (CCMA).

1

Combined Eighth and Ninth Reviews Prior Action

M

Previously a structural benchmark for R8.

10

1

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

20.2

1.2. Revenue administration, including customs

Submission to Parliament of the Tax Administration and Procedures Act (TAPA).

2

Tenth Review Prior action

M

Proposed at the time of R8R9. Completion of this prior action for R10 also satisfies the structural benchmark "Present legislation to harmonize tax laws and establish revenue court." with end-May 2013 test date.

10

2

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

ECCB to submit terms of reference for bank valuation.

1

Combined Fourth, Fifth, and Sixth Reviews Prior Action

M

N/A

10

1

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Cabinet approval of the issuance of a recapitalization bond.

1

Combined Eighth and Ninth Reviews Prior Action

M

N/A

10

1

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Presentation of an operational plan for the Asset Management Company (AMC).

2

Tenth Review Prior action

M

Proposed at the time of R8R9.

10

2

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Presentation of terms of reference for a specialist in the disposition of the assets for the AMC.

3

Tenth Review Prior action

M

Proposed at the time of R8R9. At R10, text of the condition is revised to: "Cabinet approval of an operational plan for the AMC."

10

3

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Cabinet approval of an operational plan for the AMC (asset management company).

4

Tenth Review Prior action

M

Revised text of prior action for R10 which was introduced at R8R9.

10

4

2023-09-23

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20

1. General government

Inland Revenue Department: Strengthen Information technology (including SITAS) and human resourses.

1

12/31/2010

M

Introduced at R0. Objectives: to strengthen revenue agencies; improve budget performance. At R2R3, Done. Large taxpayer unit established; New tax auditors recruited.

10

1

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Present legislation to harmonize tax laws and establish revenue court.

1

03/31/2011

MOD-DATE

Introduced at R0. Objective: to strengthen revenue agencies. At R2R3, in progress. At R4R5R6, still in process.

10

1

2011-03-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Present legislation to harmonize tax laws and establish revenue court.

1

12/31/2012

MOD-DATE

New test date. At R7, on track. TAPA to receive second and third readings in parliament in October-November. At R8R9, Delayed. Authorities are amending the TAPA legislation to address weaknesses in the law.

10

1

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Present legislation to harmonize tax laws and establish revenue court.

1

05/31/2013

M

New test date specified at R8R9. At R10, the prior action on "Presentation to Parliament of the amended TAPA legislation" will satisfy this benchmark.

10

1

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Activate legislation authorizing garnishment of overdue ABST and personal income taxes.

2

06/30/2011

MOD-DATE

Introduced at R2R3. At R4R5R6, in process.

10

2

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Activate legislation authorizing garnishment of overdue ABST and personal income taxes.

2

06/30/2012

MOD-DATE

New test date.

10

2

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Activate legislation authorizing garnishment of overdue ABST and personal income taxes.

2

12/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed. To be done in conjunction with the TAPA as the provision is folded into the TAPA legislation.

10

2

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Activate legislation authorizing garnishment of overdue ABST and personal income taxes.

2

05/31/2013

M

New test date specified at R8R9. At R10, the prior action on "Presentation to Parliament of the amended TAPA legislation" will satisfy this benchmark.

10

2

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Develop guidelines to limit discretionary duty and tax concessions.

3

06/30/2011

M

Introduced at R2R3.

10

3

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Implement legislation to tax benefits as required under the PAYE law.

4

04/30/2012

M

N/A

10

4

2012-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

New Customs Law presented and passed by Parliament.

5

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - under review by Attorney General, revised date by end-October.

10

5

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.1

1.1. Revenue measures, excluding trade policy

New Customs Law presented and passed by Parliament.

5

10/31/2012

MOD-PA

New test date specified at R7. Prior Action for 8th & 9th Review. Authorities are amending the new law to address weaknesses.

10

5

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Strengthen human resourses especially in the area of valualtion and classification of goods.

1

12/31/2010

M

Introduced at R0. Objective: Strengthen revenue agencies. At R2R3, Done. HS2007 tariff codes passed and will be implemented starting April 1. Staff trained by CARTAC experts.

10

1

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Draft regulations to give effect to Customs Management and Control Act of 1993.

2

09/30/2010

MOD-DATE

Introduced at R0. Objective: Strengthen revenue agencies. At R1, new target date of end-December 2010.

10

2

2010-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Draft regulations to give effect to Customs Management and Control Act of 1993.

2

12/31/2010

M

At R1, New test date. Target date delayed by 3 months due to technical constraints. At R2R3, Done. Draft submitted to Minister and will be presented to Parliament in March. (Delayed by 3 months).

10

2

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 15 out of 23 state-owned enterprises to file all tax returns and remit all taxes or have payment arrangements in place with IRD.

3

06/30/2012

MOD-DATE

Introduced at R4R5R6. 12 done by end-August, 15 expected to be compliant by end-October.

10

3

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 15 out of 23 state-owned enterprises to file all tax returns and remit all taxes or have payment arrangements in place with IRD.

3

10/31/2012

M

At R7, new test date of end-October 2012. At R8R9, fully met. 19 out of 23 SOEs were compliant by December, 2012 and on track to have all 23 compliant by March, 2013. At R10, 20 out of 23 SOEs are now compliant.

10

3

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed -- 70 percent of chartered accountants compliant, but lawyers and doctors still outstanding. New test date of end-December 2012.

10

4

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

12/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - 64 percent of chartered accountants compliant, lawyers and doctors uncertain.

10

4

2012-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Increase compliance of 40 percent of professionals with tax obligations

4

04/30/2013

PM

New test date specified at R8R9. At R10, 64 percent of chartered accountants and 30 percent of lawyers and doctors are now compliant.

10

4

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Commence and complete a valuation/ compliance audit on petroleum imports including the required use of dip stick process to reduce contraband.

5

06/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, delayed. TA to be provided for a review of current system in September and a petroleum sector control audit in October - recommendations to be made for reforms going forward.

10

5

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Commence and complete a valuation/ compliance audit on petroleum imports including the required use of dip stick process to reduce contraband.

5

10/31/2012

M

New test date specified at R7. At R8R9, met.

10

5

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

06/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - due to be gazetted in October.

10

6

2012-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed. On track for April 1, 2013.

10

6

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.2

1.2. Revenue administration, including customs

Implement HS2007 code in Customs.

6

04/30/2013

M

New test date specified at R8R9.

10

6

2013-04-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.5

1.5. Debt Management

Develop guidelines for issuing government debt guarantees.

1

06/30/2011

M

Introduced at R2R3.

10

1

2011-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.5

1.5. Debt Management

Begin publishing quarterly debt information.

2

03/31/2011

M

Introduced at R2R3.

10

2

2011-03-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Implement regulations for the Finance Administration Act.

1

06/30/2010

M

Introduced at R0. Objective: improve fiscal transparency and expenditure controls.

10

1

2010-06-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Strengthen Treasury operations, including cash and voucher managemnt systems.

2

12/31/2010

M

Introduced at R0. Objective: improve fiscal transparency and expenditure controls.

10

2

2010-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Enact new Procurement Act.

3

09/30/2010

MD

Introduced at R0. Objective: improve fiscal transparency and expenditure controls. At R1, delayed, presented to Parliament, being reviewed by select committee.

10

3

2010-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Develop and implement penalties for breaching expenditure controls.

4

09/30/2011

NM

Introduced at R2R3. At R4R5R6, in process.

10

4

2011-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Review external audit department.

5

12/31/2011

MOD-SB

Introduced at R2R3. At R4R5R6, in process. Modified to "Review external audit department and adopt a strategic development plan".

10

5

2011-12-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

09/30/2012

MOD-DATE

Introduced at R4R5R6. At R7, Delayed - awaiting TA, should be completed by end-October.

10

7

2012-09-30

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

10/31/2012

MOD-DATE

New test date specified at R7. At R8R9, Delayed - TA to start in mid-March.

10

7

2012-10-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete a tax expenditure study.

7

05/31/2013

M

New test date specified at R8R9.

10

7

2013-05-31

N/A

644

ANTIGUA AND BARBUDA

311

SBA

2010-06-07

2,010

2013-06-06

2,013

N/A

2013-06-05

P1

R10

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Clear up the FY2007 to FY2010 financial statements backlog.

8

12/31/2012

MOD-DATE

Introduced at R4R5R6. At R7, on track. At R8R9, Delayed. 2006-07 and 2010 completed; 2008-09 outstanding.

10

8

2012-12-31

N/A