Tonga : 2007 Article IV Consultation: Staff Report ; Staff Supplement ; Public Information Notice on the Executive Board Discussion.

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Bibliographic Details
Corporate author / creator:International Monetary Fund.
Imprint:Washington, D.C. : International Monetary Fund, 2007.
Description:1 online resource (55 pages).
Language:English
Series:IMF Staff Country Reports, 2227-8907 ; Country Report No. 07/297
IMF Staff Country Reports ; Country Report no. 07/297.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501123
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Other authors / contributors:International Monetary Fund.
ISBN:1452761841
9781452761848
9781452761848
Notes:Available in PDF, ePUB, and Mobi formats on the Internet.
Summary:This 2007 Article IV Consultation highlights that Tonga's real GDP growth is estimated to turn negative in FY06/07, declining by 3½ percent. The economy will continue to be subject to uncertainty and shocks. While economic growth should return to positive, albeit low, levels in the medium term, there are lingering risks on the policy front that could derail efforts to restore stability, in particular those that might arise from pressures to increase public sector hiring. A further drop in remittances and terms of trade shocks could present significant pressures on official reserves.
Other form:Print Version: 9781452761848
Standard no.:10.5089/9781452761848.002