International Monetary Fund / Asia and Pacific Dept - 2023
remittance inflows and major reconstruction activities following the Hunga Tonga-Hunga Haʻapai volcanic eruption in January 2022 … short term. In the long term, Tonga's high vulnerability to natural disasters complicates its efforts to create the fiscal … space necessary to finance development spending. Tonga is one of the largest recipients of IMF capacity development …