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Democratic Republic of Timor-Leste; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of Timor-Leste

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.
Year of publication:
2005-07-25
Institutions: International Monetary Fund (IMF) ; International Monetary Fund
Subject: Article IV consultations | Economic conditions | Economic indicators | Financial sector | Oil sector | Public investment | Staff Reports | expenditure | capital expenditure | government budget | central government budget | fiscal sustainability | public expenditure | public spending | recurrent expenditure | tax revenue | tax administration | fiscal deficit | budget support | fiscal policy | expenditure programs | tax incentives | fiscal expenditure | expenditure management | fiscal balance | public debt | fiscal operations | fiscal management | annual budget | budget expenditure | tax revenues | long-term fiscal sustainability | government spending | fiscal data | expenditure cuts | fiscal developments | central government ? fiscal | tax policy | government expenditure | medium-term fiscal framework | government revenue | public expenditure review | central government spending | public expenditure management | budgetary funds | medium-term projections | fiscal authority | quasi-fiscal activities | fiscal budget | fiscal balances | fiscal discipline | expenditure increases | fiscal activities | fiscal spending | fiscal incentives | debt-service | fiscal surplus | fiscal surpluses | tax credits | government budget estimates | fiscal outcome | fiscal plans | fiscal framework | revenue collection | budget deficit | expenditure commitments | fiscal savings | fiscal regimes | budget allocation | taxation | central fiscal | expenditure proposals | expenditures | expenditure data | total expenditure | expenditure survey | budget process
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series IMF Staff Country Reports Number 05/245 5 pages long
Source:
Persistent link: https://www.econbiz.de/10005591087
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