Tonga Reserve Bank to maintain monetary policy in face of mixed results for economy in June

Governor of the National Reserve Bank of Tonga Dr Sione Ngongo Kioa

NUKU’ALOFA, 22 AUGUST 2018 (KANIVA TONGA NEWS) – Despite slower economic activity in June, Tongan National Reserve Bank will maintain its current monetary policy. The Governor of the Reserve Bank, Sione Ngongo Kioa, said the total export volume of agricultural products declined. Consumption also fell and the Consumption Tax collected over the month declined in […]

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