Fiscal resilience

ADB supports further fiscal resilience in Tonga

The grant will also help improve the country’s business climate with policy, regulatory, and public enterprise reforms.

“The Building Macroeconomic Resilience Program for Tonga has shown that budget support can achieve results if there is strong government ownership,” said ADB Principal Economist for the Pacific Ms. Ananya Basu. “A coordinated approach across development partners is key to the program’s success to date.”