High oil price fuels Tonga's inflation
Monday, April 14, 2008 - 05:29
Economic activity in Tonga is likely to be contracted markedly in 2007, as the Kingdom's economy suffered following a poor agricultural season, the large-scale reduction in civil service workers and the near-destruction of Nuku'alofa's central business district. Reconstruction is taking a long time with only a few projects underway nearly 18 months following the civil disturbance of November 2006.
- Read more about High oil price fuels Tonga's inflation
- Log in or register to post comments