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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Results for 2025-26 budget estimate
Tuesday 3 June 2025
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Nuku'alofa, Tonga
Tonga’s biggest ever budget of $992.8 million for the 2025-26 financial year was presented by the Prime Minister, Hon. Dr 'Aisake Eke, to Parliament today, 3 June. An anticipated budget deficit of $29.1 million will be offset by the issuing of $30 million in local currency bonds.
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