Germany turns Tonga's loan to aid fund

After joint efforts by the Tongan High Commissioner in London and the German Ambassador in Wellington, the Government of the Federal Republic of Germany has resolved that the remaining debt from the shipping loan of the Government of Tonga for the purchase of container ship "MV Fuakavenga" and inter-island ferry "MV Olovaha", in the amount of EURO 1.5 million (Tongan Pa'anga 4 million) will not have to be repaid to the German Development Bank.