notice_summary_english: The primary objective of this assignment is to review and develop a comprehensive Financial Sector 
Strategy for Tonga in partnership with the National Reserve Bank of Tonga (NRBT) and the Ministry 
of Finance. This assignment is designed to complement (but remain distinct from) ongoing reforms to 
the monetary policy framework³ and national payment system strategy. 

The objective is to develop a coherent Financial Sector Strategy that addresses structural gaps and 
credit risk constraints, deepens financial markets, strengthens resilience, and enables the 
economic system to more effectively support private-sector-led growth, in line with the 
Government's development ambitions for stronger growth, more jobs, and higher incomes for its 
people. The resulting diagnostic report, strategy, and roadmap must align with financial sector 
development priorities, as reflected in Tonga's National Financial Inclusion Strategy and the 
Government's medium-term development objectives. 
 local_title: TA-10347 REG: Supporting Inclusive and Sustainable Finance in the Pacific - Financial Sector Strategy for Tonga (Consulting Firm) (57169-001)
 project_name: Financial Sector Strategy for Tonga (Consulting Firm)
 contract_duration: 9 (months)
 local_description: The primary objective of this assignment is to review and develop a comprehensive Financial Sector 
Strategy for Tonga in partnership with the National Reserve Bank of Tonga (NRBT) and the Ministry 
of Finance. This assignment is designed to complement (but remain distinct from) ongoing reforms to 
the monetary policy framework³ and national payment system strategy. 

The objective is to develop a coherent Financial Sector Strategy that addresses structural gaps and 
credit risk constraints, deepens financial markets, strengthens resilience, and enables the 
economic system to more effectively support private-sector-led growth, in line with the 
Government's development ambitions for stronger growth,