Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix

International Monetary Fund

No 2007/086, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s strategy could significantly boost economic growth and reduce poverty. The paper reviews the major issues related to tax policy reform in Timor-Leste. It also discusses the current direction of Timor-Leste Petroleum Fund asset management and issues that might arise with eventual asset diversification.

Keywords: ISCR; CR; asset; investment; GDP; fund; income tax; revenue; asset allocation; TLPF assets; investment objective; reform effort; TLPF investment portfolio; Public investment spending; Public investment and public-private partnerships (PPP); Income and capital gains taxes; Income tax systems; East Asia; Asia and Pacific; Europe; Global (search for similar items in EconPapers)
Pages: 65
Date: 2007-02-28
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Citations: View citations in EconPapers (5)

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