Tonga's nascent economic recovery following Tropical Cyclone Harold and border closures in early 2020 has been severely … disrupted by a double blow from the Hunga Tonga-Hunga Haʻapai volcanic eruption and the first local outbreak of COVID-19 at the …

This Selected Issues paper and Statistical Appendix reviews the past conduct of monetary policy of Tonga. The paper … considers the problems in the current system and discusses the policy options available to the authorities. It reviews Tonga … paper also discusses some of the key features of the framework supporting the Tonga Trust Fund. Its main shortcomings are …

This 2002 Article IV Consultation highlights that the economic activity in Tonga rebounded modestly in 2001/02, as real …

Tonga’s economy has become increasingly vulnerable. Fiscal discipline has weakened, undermining macroeconomic stability …

This paper describes economic developments in Tonga during the 1990s. From 1993 to 1996, financial policies were quite … expansionary. Following the licensing of two new banks, credit growth accelerated in 1994. The National Reserve Bank of Tonga …

This paper reviews economic developments in Tonga during 1990–95. During 1990/91–1991/92, GDP rose by an average of 3 …