Tonga
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
Japan launches Oceania CBDC study
Fintech firm Soramitsu will examine outlook for digital currencies in four Pacific island states
IMF grants Tonga $10 million emergency loan
Fund’s Article IV report expresses concern about banking sector; predicts GDP contraction
Reserve Bank of Tonga makes further tweaks to exchange controls
Reserve Bank continues to relax exchange controls, removing monthly limits and some identification requirements; IMF says central bank making progress
Tobacco prices ‘insufficient’ to offset food and energy, says Tonga central bank
Headline inflation in Tonga rose to -1.2% in December, but in its inflation report for November, the central bank warns price increases will likely remain low
Tonga central bank promotes ‘prudent lending’
National Reserve Bank of Tonga says bank lending rose by 12% in year to November, driven chiefly by lending to households
IMF encourages Tonga to adopt ‘reference rate’ for inflation
IMF recommends the National Reserve Bank of Tonga adopt a reference rate of 3.5%; central bank says it needs to analyse the appropriate level before making the jump
Tonga central bank appeals to public for new logo
National Reserve Bank of Tonga launches a competition asking the public to design it a new logo; suggests it should reflect its values of integrity, innovation, team work and excellence
Reserve Bank of Tonga - Annual Report 2007/08
The Tongan economy has returned to modest growth during 2007/08 following several large shocks to the economy in previous years, says Siosi Mafi, the governor of the National Reserve Bank of Tonga, in the central bank's latest Annual Report.
Reserve Bank of Tonga - Annual Report 2006/07
The Tongan economy contracted during the 2006/07 financial year by 3% to 4%, plagued by substantial economic shocks.
Pacific Island SWFs hampered by mismanagement
Little integration with budgets, institutional weaknesses and inadequate controls have hindered the performance of sovereign wealth funds run by the authorities in Pacific Island countries, research published by the International Monetary Fund finds.
National Reserve Bank of Tonga - Ann Rep 05-06
According to the National Reserve Bank of Tonga's Annual Report 2005-2006, economic growth is estimated by the Ministry of Finance to have eased from 2.3 per cent in 2004/05 to 1.9 per cent in 2005/06, which is slightly below the average pace of the past…
IMF paper on a Pacific Island common currency
The IMF Working Paper "Pacific Island countries - Possible common currency arrangement" paper examines the potential advantages and disadvantages of adopting a common currency arrangement among the six IMF member Pacific island countries that have their…
National Reserve Bank of Tonga - Ann Rep 2004-05
According to the National Reserve Bank of Tonga's Annual Report 2004-05, economic growth is estimated to have picked up from the slowdown in 2003/04, underpinned by a broad-based recovery in most sectors.
Tonga appoints woman as governor of central bank
Tonga has appointed a woman as head of the country's central bank. Siosi Cocker Mafi has worked at the Bank since 1993 and becomes the first woman to govern a central bank in the Pacific Islands.
Tonga shuffles cabinet, names new finance minister
The governor of the National Reserve Bank of Tonga has been appointed finance minister of the tiny South Pacific island nation. Siosiua 'Utoikamanu replaced Tutoatasi Fakafanua in the finance portfolio in a wider shake-up of Tonga's 11 member all-male…