Saturday, June 7th marked 100 days of the new Anguilla United Front administration, having come to office on February 27th, 2025. In a special Government’s Press Conference on Tuesday, June 10th 2025, the Hon. Premier and Minister of Finance, Cora Richardson-Hodge looked back over the hundred days and outlined the financial position of the island, stating that revenues are favourable, thanks to the income that has been received so far from the .AI domain, in particular.
“While one hundred days in any administration may be too early for significant changes to be implemented,” she admitted, “it is an opportunity to update the public on our findings.
“At the end of May, total revenue collections stands at EC$264,652,012.00, which is 50% of this year’s target. This is slightly ahead of projections for this point in the year. A key driver of revenue performance has been the .AI domain which has outperformed budget projections by EC$32,650,587.00, as it has generated EC$82,165,215.00 as of May 31st. Therefore, .AI revenues represent some 31% of total revenues collected for the year so far.”
Turning to expenditure, the Premier reported that spending is carried out with an element of discipline. “Overall spending remains controlled,” she stressed, “with total expenditure at the end of May amounting to EC$117,413,900.00 or 33% of the approved annual budget.”
“This reflects continued efforts,” she affirmed, “to ensure disciplined spending aligns with Government’s priorities.”
As far as debt is concerned, the Premier reported that Government debt continues to be paid according to schedule. “At the end of May 2025, public debt stood at EC$317,000,000, of which Central Government debt accounts for EC$316,000,000.
She observed that the overall fiscal position is moderately positive with revenue gains, particularly from the .AI domain, which has helped to provide fiscal space while expenditure remains within budget limits.
