Tonga’s seafront Treasury Building reopened eight years after being vacated for reconstruction. HRH Crown Prince Tupouto’a ‘Ulukalala cut the ribbon to officially open the facility.
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Results for Hon Tiofilusi Tiueti
Tuesday 21 November 2023
Wednesday 17 May 2023
An additional AUD8.5 million ($13.2 million pa’anga) in further budget support to support economic recovery and fiscal resilience in Tonga was committed today by the Australian Government. The brings the total of Australian direct budget support to Tonga to more than AUD45 million ($70 million pa'anga) this financial year.
Thursday 13 April 2023
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.