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

'Oku 'i lalo ha fakamatala faka-Tonga

Despite slower economic activity in June, the 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 line with a fall in total business sales….

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