You are here

Results for economic report

Thursday 13 April 2023
ADO

Nuku'alofa, Tonga
Growth in Tonga’s economy is projected to reach 2.5% in 2023 expanding further to 3.2% in 2024, according to the latest edition of the Asian Development Bank's economic report presented in Nuku'alofa today, 13 April. ADB Public Sector Economist, James Webb said, like its South Pacific neighbours, Tonga has faced an immensely difficult past three-years. Inflation is forecast to accelerate to 9.4% this year, with remittances providing some potential relief to households.
Node is premium Premium content