Tonga

Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

Pacific Growth to Moderate: ADB Report

Economic growth in the Pacific region is expected to slow to 6.0% in 2012, decelerating further to 4.1% in 2013, says the Asian Development Outlook 2012 report. Read More

Overview

Tonga's small and open economy is vulnerable to external shocks and was hard hit by the global financial crisis. Development challenges include high levels of debt, limited employment opportunities, and low private sector investment levels.

The intended outcomes of ADB's country partnership strategy are improved fiscal governance, an enhanced private sector-enabling environment, and better social services delivery in urban areas.