The Ministry of Finance (MOF) wishes to advise all line ministries, departments and agencies (MDAs) on the Timeline for the FY2023-24 Budget & Corporate Plan Formulation process (Annex 1)
Signing of Grant assistance to improve the water supply system in Houma village amounting to USD$85,681 under the GGP Program funded by the Government of Japan.
(Japan’s Ambassador HE Mr Munenaga Kensaku, Minister for Finance Hon. Tiofilusi Tiueti and Houma Village town officer, Mr Semisi Natioko Vuna)
The Government of Tonga will receive financing from the Asian Development Bank (ADB) toward the cost for the Construction of a Bridge across Fanga'uta Lagoon
Tonga met today with the World Bank during COP27 in Egypt to discuss climate change interests and partnerships, of which Tonga highlighted the importance of climate financing towards building the country’s resilience; and the need to recognize small island states’ vulnerability beyond a country’s GDP/capita when determining financial allocations. Tonga’s Ministry of Finance will pursue further dialogue with the World Bank in ensuring effective use of climate finances.
