Tonga's $899.2 million budget for 2024-25
Thursday, June 13, 2024 - 14:14
A draft budget of $899.2 million for the year 2024/25 was announced by the Government of Tonga, stating that it is the first balanced budget proposed by government to parliament since 2019/20. There will be no new domestic tax proposed for FY 2024/25. Civil Servants will receive a 5% Cost of Living allowance in July, in addition to the 5% COLA effective in January this year.
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