Breuer, Luis E. (contributor) - 2014
KEY ISSUES Context: Tonga's economy is rebounding, partially owing to a recovery in agricultural exports. The outlook … gradually stabilizing and then reducing the debt-to-GDP ratio, in order to improve Tonga's moderate risk of debt distress. This … cycle of the Tongan banks appears to be ending, and thus National Reserve Bank of Tonga should prepare to gradually withdraw …