Matangi Tonga
Published on Matangi Tonga (https://matangitonga.to)

Home > Hon. ‘Aisake Eke presents Tonga’s biggest ever budget to parliament

Hon. ‘Aisake Eke presents Tonga’s biggest ever budget to parliament [1]

Nuku'alofa, Tonga

Tuesday, June 7, 2016 - 21:58.  Updated on Tuesday, June 7, 2016 - 22:40.

From the House, By Pesi Fonua

The Tonga government biggest budget of $545.1 million pa’anga for the 2016-2017 financial year was tabled into parliament this morning, 7 June by the Minister of Finance and National Planning, Hon. ‘Aisake Eke.

The 2016-2017 budget is 10% more than the 2015-2016 budget of $496 million.

According to Members of Parliament copies of the national budget for 2016-2017 were made available to them during the past few weeks, but they found there had been a number of changes to the original document, and the latest change was made only very recently.

The one major change was of the total budget expenditure, raised from $541.6m to $545.1m to include funds for the construction of a new Customs Building costing  $3.5 million.

The two government ministries with a lion's-share of the budget, as usual, are the Ministry of Education with $45.5m, and the Ministry of Health with $33.2m.

The Budget Support from foreign donors to this year’s budget is estimated at $217.4m.

Some of the highlights from Hon. ‘Aisake Eke presentation of the national budget to parliament this morning were:

  • That he will address the issue of employment in next year’s budget, but this year a substantial amount of more than $6m will be spent on gathering statistics.
  • Tonga will build a Tank Farm to secure its supply of imported fuel.
  • He reported to the House that government has attracted a Maori company to invest $9 million in Tonga, being $5 million to pay for the debt of the Tonga Forest Product Ltd. to the Tonga Development Bank, and $4 million replant pine trees at ‘Eua.
  • That China will spend $10 million to upgrade the golf course for the 2019 Pacific Games.
  • Tonga will start importing wheat to make flour to ease its reliance on importing flour.
  • Tonga’s reserve will be around $35 million.
  • That two out of three civil servants are women, and two out of three civil servants with a university degree are also women.

The budget debate ended this afternoon, but a question by the Speaker of the House, Lord Tu’ivakano remained unanswered and that was: 'What is the $3.5 million Custom House for?'

Tonga [2]
Tonga economy [3]
Tonga Government [4]
2016-2017 National Budget [5]
Minister of Finance and National Planning [6]
Hon. ‘Aisake Eke. [7]
Parliament [8]

Source URL:https://matangitonga.to/2016/06/07/hon-aisake-eke-presents-tonga-s-biggest-ever-budget-parliament

Links
[1] https://matangitonga.to/2016/06/07/hon-aisake-eke-presents-tonga-s-biggest-ever-budget-parliament [2] https://matangitonga.to/tag/tonga?page=1 [3] https://matangitonga.to/tag/tonga-economy?page=1 [4] https://matangitonga.to/tag/tonga-government?page=1 [5] https://matangitonga.to/tag/2016-2017-national-budget?page=1 [6] https://matangitonga.to/tag/minister-finance-and-national-planning?page=1 [7] https://matangitonga.to/tag/hon-aisake-eke-3?page=1 [8] https://matangitonga.to/topic/parliament?page=1