IMF Staff Country Reports

Tonga : 2017 Article IV Consultation-Press Release; and the Staff Report for Tonga

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

January 17, 2018

Electronic Access:

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Summary:

Over recent years, Tonga has enjoyed robust growth and macroeconomic stability, with the construction sector being the main driver of growth. Tonga’s reliance on private and official transfers poses sustainability risks, particularly given the economy’s vulnerability to external shocks and the potentially high costs of natural disasters.

Series:

Country Report No. 18/12

Subject:

Article IV consultation reports External sector Financial stability Fiscal reforms Fiscal sustainability Housing Monetary policy Press releases Staff reports Statistics