[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-238531-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-238531-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","world-bank-board-of-directors-approve-us20-million-supplemental-financing-for-tonga","World Bank Board of Directors Approve US$20 Million Supplemental Financing for Tonga","","The World Bank Board of Directors has approved US$20 million in supplemental financing to support disaster recovery and economic reform in Tonga. This additional budget support will assist Tonga's short-term fiscal expansionary budget, facilitating reconstruction and recovery efforts from the impacts of multiple disasters, including the COVID-19 pandemic and the recent catastrophic volcanic eruption. The funding is crucial for addressing the loss of income opportunities, particularly for poorer families, and mitigating the significant impact on the nation's economy and physical infrastructure. The Government of Tonga expresses gratitude for the ongoing partnership and assistance from its development partners, especially the World Bank. This financial aid will enable the government to meet critical financing needs while pursuing a strategy of building back better and enhancing national resilience, both physically and economically. The announcement was made on 21 June 2022 in Nuku'alofa, with Minister for Finance and Minister for Revenue and Customs, Tatafu Moeaki, and World Bank Liaison Officer, Natalia Palu Latu, in attendance.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/general/","General",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/world-bank-board-of-directors-approve-us20-million-supplemental-financing-for-tonga/238531/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/world-bank-board-of-directors-approve-us20-million-supplemental-financing-for-tonga/238531.png","ImageObject",442,249,{"name":42,"@type":43},"Rowan","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-21","2026-09-11",true,{"@type":52,"interactionType":53,"userInteractionCount":30},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is the purpose of the US$20 million supplemental financing from the World Bank to Tonga?","Question",{"text":62,"@type":63},"The US$20 million in supplemental financing is intended to support Tonga's disaster recovery efforts and economic reforms. It will aid in the reconstruction and recovery from recent catastrophic events, including the COVID-19 pandemic and volcanic eruption.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What specific disasters has Tonga recently faced that necessitate this funding?",{"text":67,"@type":63},"Tonga has faced multiple disasters, including the impacts of Cyclone Harold, the COVID-19 pandemic, and the Hunga Tonga-Hunga Ha'apai volcanic eruption, all of which have significantly affected the country's economy and population.",{"name":69,"@type":60,"acceptedAnswer":70},"How will this funding help Tonga in the long term?",{"text":71,"@type":63},"This additional budget support will help the government meet critical financing needs while focusing on building back better and strengthening national resilience against future physical and economic shocks.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},238531,1789137254,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,118,123],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":125},158,"general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":124,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":22,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":11,"faqs":136,"seo_title":137,"seo_description":12,"update_tm":79,"read_time":4},1099514067415,"https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502","World Bank Board of Directors approve US$20 Million in Supplemental Financing to support Disaster Recovery and Economic Reform in Tonga.  \nThe Government of Tonga is grateful for the ongoing partnership, support and assistance from our development partners , in particular from the Word Bank.  \nThis US$20 million additional budget support will help with Tonga’s short-term fiscal expansionary budget to facilitate the reconstruction and recovery efforts from the impacts of multiple disasters including both the COVID-19 pandemic and recent catastrophic volcanic eruption.  \n“ We have faced exceptional challenges, while we were still recovering from the impacts of TC Harold followed by the losses to the tourism and other sectors due to the global pandemic, the Hunga Tonga-Hunga Ha’apai volcano eruption, all these have caused loss of income opportunities and felt more by poorer families and an enormous impact on our economy and the country physically as a whole, ” said Tatafu Moeaki, Minister for Finance and Minister for Revenue and Customs.  \nThis additional budget support from the World Bank will help the government to meet critical financing needs while building back better the country and building national resilience to both our physical and economic resilience.  \nHon. Tatafu Moeaki, Minister for Finance, and Minister for Revenue and Customs, and Ms. Natalia Palu Latu, World Bank Liaison Officer  \nNuku’alofa, 21 June 2022","cbCaign5d6Co4tv4","https://ap.wps.com/l/cbCaign5d6Co4tv4","pdf",382163,"English","[{\"question\":\"What is the purpose of the US$20 million supplemental financing from the World Bank to Tonga?\",\"answer\":\"The US$20 million in supplemental financing is intended to support Tonga's disaster recovery efforts and economic reforms. It will aid in the reconstruction and recovery from recent catastrophic events, including the COVID-19 pandemic and volcanic eruption.\"},{\"question\":\"What specific disasters has Tonga recently faced that necessitate this funding?\",\"answer\":\"Tonga has faced multiple disasters, including the impacts of Cyclone Harold, the COVID-19 pandemic, and the Hunga Tonga-Hunga Ha'apai volcanic eruption, all of which have significantly affected the country's economy and population.\"},{\"question\":\"How will this funding help Tonga in the long term?\",\"answer\":\"This additional budget support will help the government meet critical financing needs while focusing on building back better and strengthening national resilience against future physical and economic shocks.\"}]","World Bank Board of Directors Approve US$20 Million Supplemental Financing for Tonga | PDF"]