The Asian Development Bank (ADB) is providing a USD$4.5 million grant to finance Tonga's efforts to achieve fiscal stability and to improve its long-term economic growth prospects.

An ADB statement on 26 September said that the grant would assist the government in improving, program budgeting, public procurement. It would also help in Introducing small business and deep sea mining tax regimes, help to advance the government's plans for private sector participation in the International Dateline Hotel and Tonga Communications Corporation; strengthen state-owned enterprise corporate governance; and reform business licensing processes.