Tonga: Recent Economic Developments

International Monetary Fund

No 2001/002, IMF Staff Country Reports from International Monetary Fund

Abstract: This report analyzes the recent economic developments of Tonga by assessing the potential output, prices, employments, production by sectors, and private sector development policy. The paper describes the public finance, budgetary process and structure of the budget, public enterprises, and privatization. The paper reviews the banking supervision and bank soundness, money and credit development, and monetary policy objective of the national reserve bank of Tonga. The study also provides the details of the foreign reserves and exchange rate, current transfers, capital account, and debt of the country.

Keywords: ISCR; CR; Tongan authorities; public enterprise; interest rate; central bank; real GDP; minimum lending rate; Tonga chronicle; fiscal year; tertiary sector; Tonga water Board; public enterprise sector; telecommunications commission; Tonga electric power Board; broadcasting commission; primary sector; Tonga broadcasting commission; Tonga telecommunications commission; Exports; Agroindustries; Public enterprises; Agricultural commodities; Pacific Islands; Australia and New Zealand (search for similar items in EconPapers)
Pages: 60
Date: 2001-01-09
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