Despite uncertainty about the outlook for inflation and interest rates in major economies and trading partners, developing Pacific economies are expected to grow in 2023 and 2024 due to a recovery in tourism, post-disaster rebuilding, and infrastructure construction, a World Bank report released today says. Fiji is expected to continue leading the Pacific's recovery from the pandemic. Robust growth is also projected for Palau, Samoa, Tuvalu, and Federated States of Micronesia. While in Tonga most households receive remittances from abroad.
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Results for Pacific economies
Tuesday 9 February 2010
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New Zealand
Oxfam New Zealands Executive Director Barry Coates said a new report published ahead of the Pacific conference on the global economic recession, Vanuatu February 10-12, highlighted the fact that economic growth in the Pacific had not always led to improvements in peoples lives and reductions in poverty.
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Tonga weather forecast from yr.no, delivered by the Norwegian Meteorological Institute and the NRK. See also Fua'amotu Weather Forecasting Center, Tonga, for latest local weather bulletin.