Results for Tonga reserves

A cheque for $14.2 million was presented by the National Reserve Bank of Tonga to the Tonga Government on Friday 15 September, as part of the Bank's profit distribution for the financial year ended 30 June 2023. This year’s audited financial statement of the Bank confirmed a historical net profit of $20.4 million, and 70% of this was paid to government. The income was generated through investment of foreign reserves.