Tonga : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

August 30, 2007

Electronic Access:

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Summary:

This Selected Issues paper assesses the fiscal risk impact of various events in Tonga and describes the challenges implied for fiscal management. The paper discusses that the Tongan government has made various efforts to limit the budgetary implications of the recent economic and political shocks, including pursuing revenue administration efforts, cutting other expenditures, and seeking donor assistance. The paper examines rising household indebtedness in Tonga. Within the framework of the life-cycle hypothesis, the paper finds that Tonga’s relatively young demographic distribution tends to be associated with higher level of aggregate household debt.

Series:

Country Report No. 07/298

Subject:

English

Publication Date:

August 30, 2007

ISBN/ISSN:

9781451837490/1934-7685

Stock No:

1TONEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

43

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