Tonga asks Australia for funds to ease debt crisis | Asia Pacific

Tonga asks Australia for funds to ease debt crisis

Tonga asks Australia for funds to ease debt crisis

Posted 18 August 2011, 21:52 AEST

A spokesman for the Tongan Prime Minister Lord Tu'ivakano says he's asked Australia for more development assistance to help with Tonga's debt crisis.

The Tongan leader met with his Australian counterpart Julia Gillard in Canberra today.

Tonga's debt distress is made worse by its debt to China, which is worth nearly a third of its gross domestic product - the largest of any Pacific country.

Lord Tu'ivakano was elected in Tonga's first popular elections last November.

The Tongan Prime Minister's communications advisor, Ahongalu Fusimalohi,

Correspondent: Joanna McCarthy

Speaker: Ahonga Fusimalohi, communications adviser to the Tongan Prime Minister

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