Monday, June 6, 2022 - 23:32
Tonga’s economy is in trouble. The economic contraction during two years of border restrictions, has been accelerated by January’s devastating Hunga volcanic eruption and tsunamis, followed by the arrival of COVID-19 in February and further job losses. In tabling his 2022-23 budget, the Minister of Finance warned of a continuing contraction of the economy, the likes of which we have not experienced before. From the House, by Pesi Fonua.