Reports that the LDS Church will help the Tonga government pay off its sovereign debt to China are “not true”, the church stated today.
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Results for Chinese loan
Wednesday 26 June 2019
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Nuku'alofa, Tonga
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Thursday 12 July 2018
1 comment
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Nuku'alofa, Tonga
The Government of Tonga this year will start repaying the Chinese loan of more than USD$100 million that was taken for recovery after the Nuku'alofa riots in November 2006.
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Friday 5 September 2014
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Nuku'alofa, Tonga
Tonga's quest for its multi-million loans from the Exim Bank of China for the reconstruction of Nuku'alofa to be written-off, so far had been unsuccessful, the former Minister of Finance Lisiate 'Akolo told parliament before it closed on 28 August. From the House, by Pesi Fonua.
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Friday 29 August 2014
2 comments
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Nuku'alofa, Tonga
There were mixed emotions in the Tongan Parliament yesterday, 28 August, as it struggled to restore order and bring its 2014 Parliamentary Session to a peaceful closure, ending the first four years of Tonga's more-democratically elected government. In the end, part of the Minutes were ordered to be deleted. From the House, by Pesi Fonua.
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Tuesday 3 December 2013
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Nuku'alofa, Tonga
The rescheduling of Tonga's T$119 million loan from China for the reconstruction of Nuku'alofa has not been decided, according to Xu Zhiguang, the first Secretary of the Chinese Embassy, Nuku'alofa this afternoon, December 3.
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Monday 11 November 2013
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Nuku'alofa, Tonga
China has given Tonga a grant worth an estimated $15 million pa'anga in Guangzhou last week as Tonga's Prime Minister acknowledged the Chinese Government's response to extend the repayment of Tonga's multi-million loan.
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Wednesday 18 September 2013
4 comments
Nuku'alofa, Tonga
China has deferred Tonga's repayment of its $119 million pa'anga loan indefinitely, the Prime Minister Lord Tu'ivakano told the Tongan parliament this morning, 18 September. From the House, by Pesi Fonua.
Monday 10 September 2012
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Nuku'alofa, Tonga
The reconstruction of the Nuku'alofa CBD along with the formation of a Nuku'alofa Town Council was intended to play a key part in the economic and political development of Tonga, according to a former Prime Minister, Lord Sevele.
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Tuesday 23 November 2010
Nuku'alofa, Tonga
Four years ago on 16 November 2006 the heart of the Nuku'alofa Central Business District was destroyed by protesters but on November 19 the keys to three new multi storey buildings were handed over to their owners by the Prime Minister Dr Feleti Sevele in a ceremony at the International Dateline Hotel.
Thursday 18 February 2010
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Nuku'alofa, Tonga
The MV Princess Ashika costing FJ$600,000 was bought with funds given by the People's Republic of China to Government of Tonga, the Royal Commission of Inquiry into the Ashika sinking was told on February 17.
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Friday 19 October 2007
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Nuku'alofa, Tonga
Tonga's government this evening committed to a USD$56 million concessional loan from China to help with the reconstruction of Nuku'alofa's Central Business District, using a Chinese leading contractor.
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