(AGENPARL) - Roma, 26 Agosto 2022 - (AGENPARL) – ven 26 agosto 2022 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2022/08/25/Tonga-2022-Article-IV-Consultation-and-Request-for-Disbursement-Under-the-Rapid-Credit-522628?cid=em-COM-123-45295)
http://www.imf.org/en/Publications/CR/Issues/2022/08/25/Tonga-2022-Article-IV-Consultation-and-Request-for-Disbursement-Under-the-Rapid-Credit-522628?cid=em-COM-123-45295
[Country Report No. 2022/282 : Tonga: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga](http://www.imf.org/en/Publications/CR/Issues/2022/08/25/Tonga-2022-Article-IV-Consultation-and-Request-for-Disbursement-Under-the-Rapid-Credit-522628?cid=em-COM-123-45295)
AUGUST 26, 2022
http://www.imf.org/en/Publications/CR/Issues/2022/08/25/Tonga-2022-Article-IV-Consultation-and-Request-for-Disbursement-Under-the-Rapid-Credit-522628?cid=em-COM-123-45295
Tonga’s nascent economic recovery following Tropical Cyclone Harold and border closures in early 2020 has been severely disrupted by a double blow from the Hunga Tonga–Hunga Ha?apai volcanic eruption and the first local outbreak of COVID-19 at the start of 2022. The authorities are augmenting reconstruction and restoration efforts, with support from the international community. Real GDP is projected to contract by 1.9 percent in FY2022 (July 2021–June 2022), before rebounding by 3.2 percent in FY2023 with a gradual reopening of international borders.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2022/08/25/Tonga-2022-Article-IV-Consultation-and-Request-for-Disbursement-Under-the-Rapid-Credit-522628?cid=em-COM-123-45295)
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