Democratic Republic of Timor-Leste; Selected Issues

Petroleum is now by far Timor-Lesteâ€™s largest source of income. If well harnessed, Timor-Lesteâ€™s petroleum wealth offers the potential for a more prosperous future. This Selected Issues paper provides an overview of how Timor-Lesteâ€™s Petroleum Fund functions. It considers the extent of the countryâ€™s petroleum wealth, discusses the developmental challenges, and outlines key challenges ahead. The paper depicts the origins of the fund and details its operating mechanisms. It also assesses how the fund has performed to date.

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Year of publication:	2009-07-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Fiscal management \| Hydrocarbons \| Investment policy \| Oil production \| Oil revenues \| Oil sector \| Resource mobilization \| Savings \| Selected issues \| oil and gas \| rate of return \| petroleum resources \| investment strategy \| oil prices \| real rate of return \| gas production \| million barrels \| gas reserves \| spot price \| public investment \| gas resources \| crude oil price \| domestic investment \| extractive industries \| gas output \| petroleum sector \| hydrocarbon potential \| investment income \| investment portfolio \| fixed income \| hydrocarbon resources \| extractive industries transparency initiative \| petroleum development \| tax regime \| commodity prices \| tax rate

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/220 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244701