Tonga : 2006 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion »
Series: IMF Staff Country Reports
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 June 2006
Keywords: debt, external debt, public sector, deficit, debt service
Tonga's economy has become increasingly vulnerable. Fiscal discipline has weakened, undermining macroeconomic stability and external viability. Medium-term prospects have deteriorated. Moreover, there are other ser...