Results for National Reserve Bank of Tonga

Ko e ngaahi ngaue fakatupu pa'anga' (investment), 'a ia ko hano tanaki mai ha pa'anga mei he kakai 'o e fonua' ke ngaue'aki ki he ngaahi 'inivesi pe no pea 'e ala fakatu'utamaki (risk) ki he tokotaha 'oku' ne fakahoko 'a e pisinisi ko ia', 'oku lau ia ko e ngaue fakapangike. Ko e ngaahi ngaue ko eni 'oku ngofua ke fakahoko 'i Tonga' ni ka 'e kinautolu pe kuo 'osi foaki ha'anau laiseni fakapangike 'e he Pangike Pule' 'i he malumalu 'o e kupu 7 'o e Lao ki he Ngaue Fakapangike 2020'.

Na’e tokoni lahi ‘a e Pangikē Pule Fakafonua ‘a Tongaˊ ki he Pule’anga ‘I hono foaki atu ‘a e sieke pa’anga ‘e $14.2 miliona ki he Palemia Le’ole’oˊ Hon. Samiu Vaipulu pea mo e Minisitā Pa’anga Hon. Tiofilusi Tiueti he’enau Fakataha Lahi Fakata’u ‘o e 2023, na’e fakahoko he ‘aho Falaite 15 Sepitema.

‘Oku hoko atu hono fakamamafa‘i ‘e he Pangikē Pule ‘a hono tokangaekina ke ma‘ulalo ‘a e Hikihiki ‘i he Totongi Koloa ́ ‘i he Fakamatala Fokotu‘utu‘u Ngāue Fakapa‘anga ‘o ‘Aokosi 2023.

Following the 2022 COVID-19 pandemic, HTHH volcano eruption and tsunami ashfall damages, the monetary and financial policies of the National Reserve Bank of Tonga are critical to stay relevant to be supportive of the Kingdom’s economic recovery contributing to macro stability in 2023, resilience to shocks in the short to medium term.

Business and households’ purchasing power are declining, states the National Reserve Bank of Tonga, while stressing the importance of price stability in the short-term as it moves to strengthen the monetary policy framework that seeks to better control inflation, and build the resilience of the financial sector, promote macroeconomic stability and support economic growth recovery. The Monetary Policy Statement (MPS) for February 2023 outlines a revised monetary policy stance. ‘Oku ne holoki leva ‘a e ivi fakatau ‘a e ngaahi pisinisi′ mo e kakai′, pea ‘oku fakamamafa‘i ai ‘e he Pangikē Pule′ ...

Counterfeit $20, $50 and $100 pa'anga notes have recently been found in Tonga, the National Reserve Bank of Tonga has warned.

Tonga’s Domestic Economic activities showed some improvements in May 2021, Sione Ngongo Kioa, the Governor of Tonga’s National Reserve Bank told the National Reserve Bank of Tonga’s Board of Directors on 5 August. However, the Reserve Bank’s GDP outlook projected a deeper contraction in Tonga’s economy for 2020-21 as the extended lockdowns and uncertainties present significant risk.

A “worse-than-expected outcome” for Tonga's GDP in the fiscal years 2019-20 and 2020-21 was forecast by the National Reserve Bank of Tonga, following its first board meeting for the year. During the COVID-19 international crisis Tonga's annual inflation has increased and agricultural exports have fallen. Bank lending decreased, while deposits increased.

PUBLIC NOTICE: To regulate and supervise non-bank financial institutions, the National Reserve Bank of Tonga developed the Moneylenders Act 2018. This Act was proclaimed by Cabinet to come into force on 30th September 2020, and a Gazette notice has been publicly posted and published on the Reserve Bank’s website and Facebook page. The Reserve Bank is requesting that those moneylenders listed in the following Table below please contact the Reserve Bank as soon as possible to apply for a moneylender license. For more information in English and Tongan ... Lao ki hono Tokanga’i mo Pule’i ‘o e Ngaahi Kautaha Nō atu ‘o e Pa’anga ‘i Tonga΄ ...