Jamaica
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2002-2003 , pp 343-347
- Publication Date: December 2003
- DOI: https://doi.org/10.18356/79ec4ffa-en
- Language: English
The budget deficit increased from 3.8% of GDP in fiscal year 2001-2002 to 7.7% in fiscal year 2002-2003 as a result of lower-than-budgeted fiscal revenues and a lax fiscal stance. The poor performance of fiscal revenues was mainly attributable to shortfalls in earnings from taxes on interest and, to a lesser extent, on dividends, the self-employment tax, corporate taxes, the bauxite/ alumina tax and international trade taxes.
© United Nations
ISBN (PDF):
9789211558777
Book DOI:
https://doi.org/10.18356/1802ae64-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Jamaica
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