Tonga and ADB
In the Spotlight
-
Building Resilience is Key to Economic Growth in the Pacific
The economies of countries in the Pacific are expected to recover over the next two years, although building resilience against natural hazards and climate change remains a key priority, according to a new ADB report.
-
ADB, GCF, and Australia Partner to Improve Renewable Energy in Tonga
ADB has approved $12.2 million grant for the Renewable Energy Project, which is under the Pacific Renewable Energy Investment Facility. The project will enhance Tonga’s energy security and reduce carbon emissions.
-
Pacific Economic Monitor – December 2018
The December 2018 issue of the Pacific Economic Monitor provides an update on developments in 14 Pacific economies, explores topical policy issues in the region over the years, and presents global forecasts for 2019.
-
Tonga: Sustaining a Strong Culture While Building the Future
This country brief summarizes how the partnership of ADB and the Tonga government has helped to reduce poverty and is aiding in the country's recovery from the global economic crisis.
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.
Latest
ADB’s program in Tonga focuses on investments in energy, information and communication technology, transport, and water and urban infrastructure that will reduce the costs of key services and improve overall productivity.
Asian Development Bank and Tonga: Fact Sheet
Building Resilience is Key to Economic Growth in the Pacific
The economies of countries in the Pacific are expected to recover over the next two years, although building resilience against natural hazards and climate change remains a key priority, according to a new report by ADB released today.South Pacific's Biggest Solar Plant to Help Tonga Meet Renewable Energy Target
The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership after an agreement was signed in Nuku’alofa today.
Projects in Tonga
Approved/Active
- Renewable Energy Project
- Implementing a Differentiated Approach to Urban Development in the Pacific
- Systems Strengthening for Effective Coverage of New Vaccines in the Pacific Project
- Asian Development Outlook 2019–2021
- Pacific Information and Communication Technology Investment Planning and Capacity Development Facility (Phase 2) - Information and Communication Technology Sector Assessment in the Pacific DMCs (Subproject 2)
