A current attempt by the Tongan government to attract business investments, and to revitalize business growth by offering very low interest loans, so far appears to remain an unattractive proposition for businesses in Tonga.
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Results for Ministry of Finance
Wednesday 17 September 2014
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Nuku'alofa, Tonga
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Monday 19 August 2013
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Nuku‘alofa, Tonga
Tonga's government has imposed new Duties on unhealthy foods along with higher Excise Tax Rates on tobacco products, and slashed tobacco concessions for arriving passengers by half, in an effort to encourage “healthy living”.
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Tuesday 11 June 2013
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Nuku'alofa, Tonga
The Minister of Finance, Hon. Lisiate 'Akolo has launched Tonga's biggest ever national budget amounting to T$357.6 million for the 2013-14 financial year, and expressed concern over low returns to government from public enterprises.
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Friday 8 February 2013
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Nuku'alofa, Tonga
The Tonga Government has allocated $1 million to finance a new Agricultural Export Marketing Fund aimed at providing short term loans to exporters who buy exportable produce from farmers. Three agricultural produce exporting companies have been selected to access the funds.
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Sunday 1 July 2012
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Nuku'alofa, Tonga
In a Press Release on Friday June 29, the Ministry of Finance and National Planning stated that during times of economic slowdown it remained the responsibility of government to protect the livelihood of its most vulnerable people. The Prime Minister told parliament that government is proposing a $1.6 million Social Benefits Scheme for the Elderly to be implemented on 1 September 2012, which is based on monthly stipend of about $65 pa'anga for 2,082 eligible people as reported in the 2006 Census.
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Tuesday 26 February 2008
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Nuku'alofa, Tonga
The portfolio of the Minister of Finance has been taken over by the Prime Minister, Hon. Dr Feleti Sevele. Following the resignation of the Minister of Finance yesterday.
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