The Prime Minister does not have concerns that major projects in the 2025-26 budget could potentially increase the national debt and create a further burden, saying that, "The public debt is currently declining and there are no plans to take on any new debt from overseas." The budget estimate projects the total national debt to be $428.9 million as of 30 June, representing 34% of the country's GDP.
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Results for national debt
Saturday 7 June 2025
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Nuku'alofa, Tonga
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Thursday 8 April 2021
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New York, USA
New York Times reporting: How does a country deal with climate disasters when it is drowning in debt? Not very well, it turns out. Especially not when a global pandemic clobbers its economy. Take Belize, Fiji and Mozambique. Vastly different countries, they are among dozens of nations at the crossroads of two mounting global crises that are drawing the attention of international financial institutions: climate change and debt.
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