Results for Tonga budget

A parliamentary briefing to inform Tonga’s civil society organizations about the national budget and its process was held on 29 May at the Tanoa Hotel, Nuku’alofa.

Tonga's new big budget offers a $5 million boost for government salaries along with new charges to be imposed on foreign exchange and a large increase in airport tax to raise funds for the 2019 Pacific Games. From the House, by Pesi Fonua.

The selection of Samiu Vaipulu as the new Chairman of the Whole House Committee, is historical because it is the first time ever for the House to elected a commoner to be the Chairman of the Whole House Committee, a position that has been traditionally held by a noble. On occasions a People's Representative was made an Acting Chairman, but never before that the majority of the Cabinet Ministers overwhelmingly voted for a commoner to be Chairman. Tonga Legislative Assembly, Minute No. 1, Monday June 2, 2008. From the House, by Pesi Fonua.

The Tonga Government’s Budget for 2003-04 of $156.2 million is the highest ever, and it is $37.5 million more than last year’s $118.7 million budget. From Matangi Tonga Magazine Vol. 18, no. 2, August 2003.

The Tongan economy is expected to remain sluggish during the next financial year 2001/02. The Budget statement of Tonga’s new Minister of Finance, Hon. Sosiua ‘Utoikamanu, presented to parliament on June 5 said there would be no significant economic growth during the new financial year. Instead there will be a slight drop in the growth of GDP, from 4.4% in real terms last year to 3.2% in the new financial year. The Inflation rate is expected to remain at the current peak 8%, after slowly rising from 4.2% in February 2000 and 7.1% in December 2000. These are the highest levels since the early 1990s. From Matangi Tonga Magazine, Vol. 16, no. 1, June 2001.