1. Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix
- Author
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International Monetary Fund
- Subjects
History ,Article IV consultations ,Selected issues ,Timor-Leste ,Statistical annexes ,public investment, regulatory framework, international monetary fund, private sector development, private investment ,Economic indicators ,Balance of payments statistics ,Consumer price indexes ,Social indicators ,Inflation ,Global competitiveness ,Monetary statistics ,expenditure, capital expenditure, government expenditure, central government budget, government budget ,Employment ,Economic growth ,Balance of payments ,Oil revenues ,Poverty reduction ,Government expenditures ,Gross domestic product ,Investment ,Wages ,Taxes ,Tax systems ,capital stock, human capital, private sector, capital formation ,Computer Science Applications ,Education - Abstract
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.
- Published
- 2008
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