Tonga : 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga.

Tonga's nascent economic recovery following Tropical Cyclone Harold and border closures in early 2020 has been severely disrupted by a double blow from the Hunga Tonga-Hunga Ha'apai volcanic eruption and the first local outbreak of COVID-19 at the start of 2022. The authorities are augment...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. Asia and Pacific Dept
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2022.
Serier:IMF Staff Country Reports; Country Report ; No. 2022/282
Fag:
Online adgang:Full text available on IMF
Full text available on IMF
Beskrivelse
Summary:Tonga's nascent economic recovery following Tropical Cyclone Harold and border closures in early 2020 has been severely disrupted by a double blow from the Hunga Tonga-Hunga Ha'apai volcanic eruption and the first local outbreak of COVID-19 at the start of 2022. The authorities are augmenting reconstruction and restoration efforts, with support from the international community. Real GDP is projected to contract by 1.9 percent in FY2022 (July 2021-June 2022), before rebounding by 3.2 percent in FY2023 with a gradual reopening of international borders.
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Fysisk beskrivelse:1 online resource (84 pages)
Format:Mode of access: Internet
ISSN:1934-7685
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