Democratic Republic of Timor-Leste: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2005/245, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that the economy of the Democratic Republic of Timor-Leste remains fragile. Cumulative growth over the last three years was near zero—mainly reflecting the drawdown in the presence of international agencies. Unemployment is high, 40 percent of the population lives below the poverty line, and social indicators are poor. At the same time, human capital remains scarce, physical infrastructure inadequate, and financing opportunities limited. The government is making good progress with the measures necessary to handle its new oil/gas wealth responsibly.

Keywords: ISCR; CR; government; revenue; gas revenue inflow; private sector enhancement; gas revenue; authorities' trademark; expenditure prioritization; government savings; Oil; Budget planning and preparation; Capital spending; East Asia; Asia and Pacific; Pacific Islands; Global (search for similar items in EconPapers)
Pages: 59
Date: 2005-07-25
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18427 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2005/245

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().