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...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2022/282 |
| Subjects: | |
| Online Access: | Full text available on IMF Full text available on IMF |
| 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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| 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 (84 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |