Tonga : 2008 Article IV Consultation; Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion.

This 2008 Article IV Consultation highlights that Tonga's economy has shown resilience in the aftermath of the November 2006 riots and is now on a path to recovery. The key factor underpinning this resilience has been private investment. Donor-supported government reconstruction loans are expec...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Staff Country Reports; Country Report ; No. 2008/261
Online Access:Full text available on IMF
Description
Summary:This 2008 Article IV Consultation highlights that Tonga's economy has shown resilience in the aftermath of the November 2006 riots and is now on a path to recovery. The key factor underpinning this resilience has been private investment. Donor-supported government reconstruction loans are expected to add further momentum to the recovery. However, the global upswing in fuel and food prices has intensified pressure on inflation and external reserves. Tonga's external position is expected to weaken, reflecting mainly the impact of rising food and fuel prices.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (53 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students