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The Board of Directors of the Reserve Bank of Tonga (NRBT) has decided to focus on two main goals in its August 2023 Monetary Policy Statement (MPS): first, to keep inflation below the 5% reference rate, including through seeking Government’s assistance in controlling domestic and wage inflation; and second, to provide targeted support towards economic recovery of vulnerable sectors to address supply shortages and promote business investments.

The Competent Authority has approved a decrease in the regulated price of diesel effective 19 June 2023. This has contributed to a decrease of 29.17 seniti per litre from the last regulated price of diesel in March 2023. - Energy Commission. Kuo tali ‘e he Pule Fē’unga ke holo ‘a e totongi ‘o e lolo tisolo ‘a ia ke kamata ngāue’aki ‘i he ‘aho 19 Sune 2023. ‘Oku tokoni ‘eni ki hono holoki ‘a e totongi lolo ‘aki ‘a e seniti ‘e 29.17 ki he lita mei Ma’asi 2023. - Komisoni Ma’u’anga Ivi

Following the 2022 COVID-19 pandemic, HTHH volcano eruption and tsunami ashfall damages, the monetary and financial policies of the National Reserve Bank of Tonga are critical to stay relevant to be supportive of the Kingdom’s economic recovery contributing to macro stability in 2023, resilience to shocks in the short to medium term.

KlickEx Pacific and SPBD have announced a partnership to enable more Samoans abroad to send money home from New Zealand and Australia. The new money transfer service will commence on July 1, 2023, and will provide an online portal for money transfers from abroad.

The SPBD Annual Business Women of the Year Awards, held on June 2, 2023, at the St. Andrew School Hall, celebrated the remarkable achievements of female entrepreneurs in SPBD Tonga. The event recognized four outstanding women as Winners of the Awards from different regions in Tonga: Mrs Pelenaise Folau (Tongatapu), Mrs Siosi Ma’u (Vava’u), Mrs Mina Taufalele (Ha'apai), and Mrs Kilisita Loni ('Eua). Other awards to SPBD women entrepreneurs, acknowledged their accomplishments in various categories.

The Coronation of Their Majesties King Charles III and The Queen Consort will be an historic event not only for the United Kingdom but also for the fourteen Realms, the UK Overseas Territories including our fellow Polynesian entity Pitcairn, and also for Commonwealth member-countries such as the Kingdom of Tonga. On 4 May, Her Royal Highness Princess Salote Mafile‘o Pilolevu Tuita and Lord Tuita graced a Coronation Party hosted by the British High Commission in Nuku‘alofa, together with two hundred guests, to mark the upcoming event. - BHC.

Na’e pēseti ‘e 8.7 ‘a e hikihiki fakata’u e totongi koloa fakalūkufua ‘i he lipooti ki he Hikihiki e Totongi Koloa (CPI) ‘o Fepueli. Ko e holo ‘eni mei he pēseti ‘e 9.7 ‘i he māhina kuo’osi΄, pea ma’ulalo ange ‘i he pēseti ‘e 9.1 ‘i Fepueli 2022. ‘Oku hokohoko atu ‘a e holo ‘a e hikihiki e totongi koloa fakalūkufua mei´ he tu’unga mā’olunga ko e pēseti ‘e 14 ‘i Sepitema 2022. Na’e pehē ‘e he Kōvana ‘a e Pangikē Pule΄, Tatafu Moeaki, “ ‘Oku kei hoko pē ‘a e ngaahi liliu ki he pa’anga fakalūkufua e fonua΄ mo e fokotu’utu’u ngāue fekau’aki mo e mahu’inga ‘o e pa’anga Tonga ‘i hono fakafetongi mo e ngaahi pa’anga muli΄ ‘a ia ne hā ‘i he Fokotu’utu’u Ngāue Fakapa’anga ‘o Fepueli 2023, ko e taumu’a ngāue tu’ukimu’a ki hono holoki ‘a e hikihiki e totongi koloa΄ pea ‘e malava ke hokohoko atu e ngaahi liliu´ ‘o ka fiema’u ke fakasi’isi’i e ngaahi ola kovi ‘i he holo e ivi fakatau ‘a e ngaahi fāmili΄ kae tautefito kiate kinautolu ‘oku masivesiva ange mo tu’u laveangofua”.

We are on a quarterly review of the regulated price of fuel which has decreased the tariff by 9.87 seniti per kWh (9.7%). The total electricity tariff will decrease from the current 101.73 seniti per kWh to 91.86 seniti per kWh. - Energy Commission / Komisoni Ma’u’anga Ivi.

‘Oku hoko he ta‘uʹ ni ‘a e ta‘u ‘e 25 ‘o e fengāue‘aki faka-tipilometika ‘a Siaina mo Tonga. ‘I he malumalu ‘o e tataki ‘a e ongo taki ‘o e ongo fonuaʹ ni pea mo e ngāue fakataha ‘a e kakai ‘o Siaina mo e kakai ‘o Tonga, kuo malava ai ke pukepuke ‘e Siaina mo Tonga ‘ena fengāue’aki vaofi ‘i ha tu’unga lelei mo fakalakalaka. Ko ‘ena fengāue‘aki lelei ‘oku ho‘ata mei ai ha ngaahi lelei ‘one ‘omai ai ha ngaahi lelei ‘oku ta‘e malava ke fa’alaua ki he kakai ‘o Tonga pea ‘ikai ke ngata ai ka ‘oku ne toe ‘omai foki ‘a e ma‘uma‘uluta, nonga mo e malu fakafeitu‘u.