Tonga : Staff Report for the 2012 Article IV Consultation

Publication Date: July 09, 2012
Electronic Access: Free Full text (PDF file size is 1,420KB).
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Summary: In Tonga, the fiscal position has strengthened but vulnerabilities remain. Directors have welcomed Tonga’s recovery from the global crisis but noted remaining vulnerabilities and a high debt burden. With downside risks clouding the outlook, Directors have emphasized the importance of strengthening policy buffers and the foundation for faster and more inclusive growth. Directors have also encouraged the authorities to implement their fiscal plans within a medium-term framework and to improve further the quality of public spending to meet Tonga’s development objectives.
Series: Country Report No. 12/166
Subject(s): Article IV consultation reports | Banking sector | Debt sustainability analysis | Economic growth | Economic indicators | Fiscal reforms | Staff Reports | Tax reforms

Publication Date: July 09, 2012
ISBN/ISSN: 9781475506099/1934-7685 Format: Paper
Stock No: 1TONEA2012001 Pages: 70
US$18.00 (Academic Rate:
US$18.00 )
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