Tonga : 2006 Article IV consultation : staff report : and public information notice on the Executive Board discussion.

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Bibliographic Details
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2006.
Description:	1 online resource (49, 4 pages) : color illustrations
Language:	English
Series:	IMF country report ; no. 06/241 IMF country report ; no. 06/241.
Subject:	International Monetary Fund -- Tonga. International Monetary Fund. Fiscal policy -- Tonga. Monetary policy -- Tonga. Foreign exchange rates -- Tonga. Economic history. Economic policy. Fiscal policy. Foreign exchange rates. Monetary policy. Tonga -- Economic conditions. Tonga -- Economic policy. Tonga.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12495802

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund.
ISBN:	1283567040 9781283567046 9781451994995 1451994990
Notes:	Print version record.
Summary:	Tonga's economy has become increasingly vulnerable. Fiscal discipline has weakened, undermining macroeconomic stability and external viability. Medium-term prospects have deteriorated. Moreover, there are other serious downside risks to the fiscal outlook. Further monetary tightening in response to the wage settlement and the full flexibility of the exchange rate system are required. A larger and more dynamic private sector offering alternative employment opportunities would facilitate the downsizing of the public sector. There is a need to improve the reliability, coverage, and timeliness of statistics.
Other form:	Print version: Tonga. Washington, D.C. : International Monetary Fund, 2006

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