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T$3 million in NZ budget support

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T$3 million in budget support from New Zealand

3 August 2011.

The Government of New Zealand will provide TOP$3 million (NZ$2.2 million) in budget support to Tonga for financial year 2011/12 to help Tonga bridge its budget deficit.

New Zealand High Commissioner H E Dr Jonathan Austin signed a letter of intent today with Finance Minister Hon Sunia Fili to provide the money.

New Zealand's funds will cover the payment of police salaries for front line staff in all six Police districts from January to June 2012 and the payment of teachers' salaries for teachers in Government schools in the outer islands for the same period.

"These are frontline staff serving the public of Tonga. We are pleased to support the Government in ensuring that there is money for them to be paid," Dr Austin said.

"New Zealand recognises the challenge faced by Tonga's new Government in trying to bridge a budget deficit resulting from the economic downturn."

"As a very close friend of Tonga, New Zealand is pleased to be the first bilateral donor to confirm budget support for this financial year."

The money will come from New Zealand's bilateral aid programme with Tonga. New Zealand's total aid to Tonga this financial year will exceed TOP$25 million. All New Zealand aid comes in the form of grants rather than loans.

ENDS.

Issued by the: New Zealand High Commission, Nuku'alofa, 2011. Further information: Mary Nau, Media Officer, New Zealand High Commission 23122 or 7747949


Last Updated ( Tuesday, 16 August 2011 14:55 )  

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