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Tonga Recent Economic Developments

This paper reviews economic developments in Tonga during 1990–95. During 1990/91–1991/92, GDP rose by an average of 3.4 percent, fueled by a fourfold increase in squash exports. In 1992/93, GDP growth quickened to 3.7 percent, largely on the basis of a rebound in construction and a rise in domestica...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Banks
National Government Expenditures And Related Policies: General
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Public Finance & Taxation
Expenditures, Public
Banks And Banking
International Trade
Financial Institutions
Banking
Money Supply
Trade: General
Commercial Banks
Money And Monetary Policy
Exports
Expenditure
Monetary Base
Micro Finance Institutions
Public Finance
Exports And Imports
Depository Institutions
Imports
International Economics
Money
Monetary Economics
Mortgages
Tonga
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews economic developments in Tonga during 1990–95. During 1990/91–1991/92, GDP rose by an average of 3.4 percent, fueled by a fourfold increase in squash exports. In 1992/93, GDP growth quickened to 3.7 percent, largely on the basis of a rebound in construction and a rise in domestically oriented manufacturing production—and despite a sharp fall in squash exports. In 1993/94, growth reached 4.7 percent, as squash exports again increased, construction boomed, and commerce accelerated
Physical Description:78 pages
ISBN:9781451837391

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