Tonga and ADB
In the Spotlight
An undersea fiber-optic cable network is banishing Tonga’s long isolation and ushering in the wired world of the 21st century. Read this and more stories from Together We Deliver 2015, a publication highlighting successful projects that demonstrate development impact, best practices, and innovation across Asia and the Pacific.
Digital financial services (DFS) are effective means of enhancing financial inclusion in the Pacific but major challenges, including the establishment of reliable agent networks and the building of sufficient consumer trust still need to be addressed throughout the region.
A new Asian Development Bank report says Pacific economies face lower growth and tighter fiscal conditions this year due to low commodity prices and severe cyclones.
The economy of Tonga is highly dependent on subsistence agriculture, extremely vulnerable to natural hazards, and heavily reliant on external income (donor aid and remittances). Its medium-term development depends on the continued implementation of structural reforms to improve productivity, remove bottlenecks to growth, and strengthen macroeconomic resilience.
ADB and other development partners are working closely with the government to implement a multiyear joint policy reform matrix , which will ensure that Tonga’s development priorities are addressed and policy reforms are realized. The medium-term policy goals for the government include maintaining macroeconomic stability - particularly in light of high public debt - and improving economic management. Policy reforms also seek to achieve sustained economic growth led by the private sector, while maintaining the country’s health and education standards.
Projects in Tonga
Population in Tonga, in millions (2015)
Maternal mortality ratio in Tonga, per 100,000 live births (2015)
Population living below the national poverty line in Tonga (Before 2010)Refers to preliminary/interim figures; or refers to periods before 2010.
Average annual population growth rate in Tonga (2010-2015)