The Tonga Hunga-Tonga-Hunga-Ha’apai volcanic eruption, tsunami and ashfall has caused an estimated US$90.4M (TOP 208 million) in damages – the equivalent of approximately 18.5% of Tonga’s Gross Domestic Product (GDP) – a World Bank assessment for the Government of Tonga has found.
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Results for World Bank Tonga
Tuesday 15 February 2022
Thursday 20 August 2015
The Tonga Parliament was in an upheaval this afternoon with the revelation by Lord Tu’ilakepa that the Prime Minister was paying his Media Adviser $500 a day, three days a week. From the House by Pesi Fonua.
Friday 9 January 2015
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.