Tonga and ADB
In the Spotlight
Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies move ahead with structural reforms, says a new ADB report. Read about the economic outlook for Tonga.
Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report. Download the statistical tables for Tonga.
Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB.
Developing safe air transport systems and airports is a critical task for all nations. The complex work requires that small and developing countries work together to pool their resources and expertise.
ADB and other development partners are working closely with the Government of Tonga - through its Joint Policy Reform Matrix - to ensure priority areas are addressed and policy reform priorities are implemented. Maintaining macroeconomic stability, particularly in light of the large debt overhang; improving economic management; and achieving sustained private sector-led economic growth, while maintaining education and health standards, are priorities for the government’s medium-term policy efforts.
Future assistance is likely to continue this focus on macroeconomic stability and private sector development, particularly through the joint policy reform matrix, as well as in the areas of urban development and energy.