Tongan economy remains possibly positive


Although Tonga’s economy continues to be weak, there are some positive indicators, according to a market update on July 1, by the Deputy Governor of Tonga’s National Reserve Bank, Jessie Cocker, who met with senior regional officers of ANZ Bank on June 28.

Despite Tonga’s poor economic performance, there was still optimism about the progress made.

Jessie expected that the improving American economy could revive the remittances and visitor arrivals, which fell steeply last year.

via Tongan economy remains possibly positive | Matangi Tonga.