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Tongan economy grows 1.5% [1]

Nuku'alofa, Tonga

Wednesday, July 9, 2014 - 20:50.  Updated on Thursday, July 10, 2014 - 09:08.

An Asian Development Bank report has stated that the Tongan economy grew 1.5% for the year 2014 (ending 30 June).

According to the report Pacific Economic Monitor, the International Monetary Fund (IMF) estimated that the economy grew by 1.5% up from 0.3% in 2013.

The growth was attributed to a recovery in agriculture, tourism and wholesale/retail trade.

The outlook for 2015 was also positive at 2.5%. 

Tonga [2]
Tongan [3]
Tongan Economy [4]
Economy and Trade [5]
Source URL:https://matangitonga.to/2014/07/09/tongan-economy-grows-15

Links
[1] https://matangitonga.to/2014/07/09/tongan-economy-grows-15 [2] https://matangitonga.to/tag/tonga?page=1 [3] https://matangitonga.to/tag/tongan?page=1 [4] https://matangitonga.to/tag/tongan-economy?page=1 [5] https://matangitonga.to/topic/economy-and-trade?page=1