The Tonga Government's biggest budget of $545.1 million pa’anga for the 2016-2017 financial year was tabled into parliament this morning, 7 June, by the Minister of Finance and National Planning, Hon. ‘Aisake Eke.
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Results for Tonga economy
Tuesday 7 June 2016
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Nuku'alofa, Tonga
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Friday 23 October 2015
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Nuku'alofa, Tonga
Tonga and Forum Island Countries (FIC) will benefit from enhanced regional trade and economic integration under the Pacific Agreement on Closer Economic Relations (PACER) Plus Agreement, with Australia and New Zealand.
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Friday 27 February 2015
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Nuku'alofa, Tonga
Tonga’s very low economic growth rate means that employment, particularly for young people, cannot be realised, and new investment is needed in order to create new opportunities, the World Bank Vice President for East Asia and Pacific, Axel van Trotsenburg said in Nuku‘alofa yesterday, February 26.
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Friday 9 January 2015
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Nuku'alofa, Tonga
Running a business in Tonga is getting harder, according to a new World Bank report titled “Doing Business 2015”. The annual report assesses the “ease of doing business” in countries across the world. Tonga's ranking was dragged down by poor ratings for property registration, difficulties in resolving insolvency and poor shareholder rights.
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Monday 29 September 2014
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Nuku'alofa, Tonga
The inflation rate for the month of August this year 2014 was almost three times higher than the inflation rate for the month of August last year 2013.
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Thursday 25 September 2014
Nuku'alofa, Tonga
An August completion report by the Asian Development Bank (ADB) has indicated challenges facing privatization and fiscal sustainability in Tonga.
Thursday 3 April 2014
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Nuku'alofa, Tonga
The Tongan economy is expected to rebound during the 2014 Financial Year, according to the Asian Development Bank Economic Outlook for 2014.
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Wednesday 23 December 2009
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Nuku'alofa, Tonga
As an economic slowdown continues, the National Reserve Bank of Tonga has offered SDR relief for commercial banks, to encourage them to reduce interest rates for customers.
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Tuesday 11 November 2008
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Nuku'alofa, Tonga
Tonga's Minister of Finance, Hon. Afu'alo Matoto believes that elected Cabinet Ministers could abuse their authority if there is no strong Public Service in place to check and advise them during Tonga's political reform. By Pesi Fonua
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Saturday 30 September 2000
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Nuku‘alofa, Tonga
The saying that one can’t see the wood for the trees, is so appropriate to our situation in Tonga today. It has been pointed out numerous times, and we can see it with our own eyes, that we are blessed with a good country, where the weather is hospitable, and the soil is so fertile that plants can grow even in the sand. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.
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Thursday 1 July 1999
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Nuku'alofa, Tonga
This year government cut its Budget to pay for the retirement and holiday travelling of public servants. It was more important for government to keep the 4,500 public servants happy, than to allocate funds to boost exports and to prop up the value of the pa‘anga. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.
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Saturday 4 July 1998
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Nuku‘alofa, Tonga
Since the Tonga Legislative Assembly began its 1998 session on May 18, it has yet to put together a package to revive the Tongan economy. During the past three years the economy has experienced negative growth, a decline which is expected to continue unless an aggressive revival program is put into place soon. Matangi Tonga Magazine Vol. 13, no. 2, July 1998.
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