“Worst economic crisis” in Tonga's history
Friday, April 30, 2021 - 19:15
The economies of the Cook Islands, Niue, Samoa, and Tonga will continue to decline in 2021. “The COVID-19 pandemic is the worst economic crisis in the history of these countries,” said economist James Webb. “While lives have been saved, livelihoods have been lost.” Economic recovery in tourism-dependent Polynesian countries will be slow, says a new ADB report.
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