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Friday 2 October 2020

Nuku'alofa, Tonga
An Implementation Agreement for the extension and expansion of the Government Development Loan was signed on October 1 by the Chief Executive Officer of the Ministry of Finance, Balwyn Fa’otusia, and the CEO of the Tonga Development Bank, Leta Kami. The scheme will run for another five years up to 2025.
Tuesday 20 December 2016
Nuku'alofa, Tonga
A renewable energy project to upgrade existing power distribution grid in Vava’u and 'Eua, to be completed by the end 2019, will get an additional USD$5 million from the Asian Development Bank. Half of the amount is a loan and the other half is a grant.
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Wednesday 2 March 2016

Nuku'alofa, Tonga
The Tonga Development Bank plans to launch new commercial services this month, including foreign exchange and internet banking, as part of a three year expansion programme that began in 2014.
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Tuesday 5 November 2013
Nuku'alofa, Tonga
Tonga has been ranked among the Pacific region's top performers for implementing business reforms over the last year, according to a World Bank Group annual report, however, the reason for the ranking is being questioned by those who look at business performance in Tonga.
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Saturday 24 August 2013
Nuku‘alofa, Tonga
The Tonga Energy Road Map (TERM), an agency that was established by the Tongan Cabinet in 2011 to implement Tonga's ten-year multi-million renewable energy planning, has not come under the government's budget for 2013-14.
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Sunday 10 June 2012
Nuku'alofa, Tonga
Tonga's Minister of Finance, Hon. Lisiate 'Akolo presented a tight national budget of $332.2 million to the Prime Minister, Lord Tu'ivakano on Friday morning, June 8, at the Cabinet Room, and gave the public an opportunity to see an overview before it is tabled into parliament this week.
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