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Remittances increased by 18% in January 2017


Radio & TV Tonga, Nuku’alofa, 30/06/2017


The total remittances recorded in January this year was over TOP$278 million.


This represents an increase of 18% according to the Budget statement for the new fiscal year.


Money sent from Australia recorded the highest amount of TOP$15 million.


The relatives in the United States of America sent just over TOP$14 million with TOP$9.7 million from NZ.


Majority of the remittances were from relatives attending the Recognized Seasonal Employment scheme in both Australia and NZ.


The remittances in January are 37% of the total revenue from foreign countries.


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