Tonga's public debt declining, says PM
Saturday, June 7, 2025 - 20:41
The Prime Minister does not have concerns that major projects in the 2025-26 budget could potentially increase the national debt and create a further burden, saying that, "The public debt is currently declining and there are no plans to take on any new debt from overseas." The budget estimate projects the total national debt to be $428.9 million as of 30 June, representing 34% of the country's GDP.
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