Tonga’s current development budget of $235.86 million pa’anga will be funded entirely by development partners according to the 2019-20 National Budget statement, which is now published on the Ministry of Finance website. It supports projects aligned with national development goals as well as international frameworks such as the SAMOA Pathway and the UN Development Assistance Framework 2018-2022.
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Results for Tonga National Budget
Friday 12 July 2019
Saturday 21 June 2014
Which is better for financing the budget: foreign aid or debt? That is always the question before Pacific island countries (PICs) each year. The dilemma becomes acute when the future is uncertain with mounting public debts and rising debt servicing obligations. By T. K. Jayaraman
Tuesday 17 June 2014
Tonga has two accumulating government debts that the Minister of Finance, Dr 'Aisake Eke plans to address during the 2014-15 Financial year.
Wednesday 11 June 2014
Tonga's biggest annual budget of $483.7 million Pa'anga was presented to the Tongan Parliament by the Minister of Finance, Hon. Dr 'Aisake Eke this morning, 11 June, revealing that government is depending on aid donors to finance 59% of its expenditure. From the House, by Pesi Fonua