While Tongans are being told that their economy is growing at a record pace, at the same time they are faced with the hard reality of the declining value of their currency and the erosion of the foreign reserve. From Matangi Tonga Magazine Vol. 15, no. 2, June 2000.
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Results for Pesi Fonua
Thursday 1 June 2000
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Nuku‘alofa, Tonga
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Wednesday 1 December 1999
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Nuku‘alofa, Tonga
Tonga will be the first country in the world to welcome the Year 2000, at the stroke of midnight on December 31, an hour ahead of any one else.
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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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Monday 31 May 1999
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Nuku'alofa, Tonga
The recent funeral of Tonga’s respected former Prime Minister HRH Prince Fatafehi Tu‘ipelehake, brought the country to a standstill for ten days. The occasion, however, reminded us again that Tonga is run by two sets of interwoven political orders, one so old that it has its origins in a mythical heaven, and the other so relatively new that it has not yet replaced the old. By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 2, May 1999.
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Saturday 27 February 1999
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Nuku'alofa, Tonga
There's no recovery in sight for Tonga’s continuing economic recession. The major players who could either toss the fish from the frying pan into the fire or onto the dinner table are the Tonga National Reserve Bank, the Treasury, the government ministries and the private sector. And the sooner that these players can function in unity, the sooner Tonga can start to pull ahead. Editor's Comment by Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.
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Sunday 20 December 1998
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Nuku‘alofa, Tonga
FROM OUR ARCHIVES: The one good thing about impending economic doom is that it offers an opportunity for a serious look at what went wrong and how it can be corrected. By Pesi Fonua. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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