Tonga : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga

2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga

Tonga : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga
This paper discusses recent economic developments, economic outlook, risks, and challenges in Tonga. The Tongan economy has been rebounding since a contraction in FY2013. Growth accelerated from 2.1 percent in FY2014 to 3.7 percent in FY2015, supported by construction, tourism, strong remittances, and strong private credit, notwithstanding... READ MORE...

Publication date: June 2016
ISBN 9781498311816
$18.00

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