Tonga, Dec. 22 -- The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, announced a partnership with Tonga Development Bank (TDB) to support micro, small and medium enterprises (MSMEs) and boost job creation in Tonga.Tonga's economy has faced significant setbacks in recent years. The Hunga Tonga-Hunga Ha'apai volcanic eruption caused a tsunami that severely damaged tourism infrastructure, while the COVID-19 outbreak in early 2022 further strained businesses. These shocks, combined with longstanding gaps in access to financial services, have disproportionately limited the ability of MSMEs to grow, contribute to economic recovery, and create jobs.To help address these constraints, IFC wil...