Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix
Volume/Issue:
Volume 2005
Issue 250
Publication date: July 2005
ISBN: 9781451837322
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Topics covered in this book
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Business and Economics , Nature , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Natural Resources , ISCR , CR , government , revenue , gas revenue , economy , fund , agency EDTL , business representative , government of Timor-Leste , business-government forum , Timor-Leste economy , Timor-Leste move , government administration , Oil , Public investment spending , Currencies , Natural resources , Asia and Pacific , Global
Summary
This Selected Issues paper provides an overview of past growth performance and an assessment of the outlook for growth in Timor-Leste. It identifies impediments to growth and discusses policies that would contribute to the accelerated rates of growth needed to reduce poverty and unemployment and the other objectives of the National Development Plan. The paper reviews the macroeconomic challenges commonly faced by oil/gas exporters. It discusses Timor-Leste’s oil/gas revenue outlook, and plans for managing the oil/gas wealth through a natural resource (petroleum) fund and a saving policy.
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