Ministry of Economy announces April's economic report

The Ministry of Economy announced the economic report from March 17 to April 17 (April).

Accordingly, monthly inflation rose by 1.2% to 4.3%, and annual inflation rose by 1.1% to 2.1%.

The gross domestic product grew by 5015%, rising from $ 432 to $ 22,099.

Unemployment fell 21% from 44% to 23%.

The population below the poverty line increased by 15%, from 19% to 34%.

The average gross salary increased from $ 82 to $ 201, and the average net salary increased from $ 108 to $ 276.

The Ministry of Economy announced that 4 factories were opened in Atafu, 3 in Fakaofo and 3 in Nukunonu, they will be put into service after April 19, and the things produced here will contribute to the economy used in exports. In addition, the Ministry of Economy announced that the Tavil Republic will start agricultural mobilization and agriculture throughout the country after 19 April.