European Parliament Library

Democratic Republic of Timor-Leste :, 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of Timor-Leste

Timor–Leste’s initial efforts to develop a stable and healthy economy have been interrupted by the civil unrest of the past two years. The security situation remains fragile and an economic burden. The key challenge remains how to manage the abundant petroleum revenue to alleviate near-term social problems and develop a sustainable non-oil economy. Growth has rebounded in 2007, although the civil unrest continues to undermine the economy. Inflation has risen sharply, but remains low relative to regional comparators. Access to financial services remains limited and credit growth has stalled
Table Of Contents
Cover; Contents; Executive Summary; I.Introduction ; II. The Economic Setting; Boxes; 1. Oil/Gas Sector Policy; III. Policy Discussions; 2. Oil/Gas Sector Outlook; A. How to Accelerate Growth and Reduce Poverty?; 3. Exchange Rate Assessment; 4. Tax Reform; B. How Much Should the Government Spend to Promote Growth Without Risking Stability?; C. Is the Current Exchange Rate Regime and Level Appropriate?; D. How Best to Promote Financial Intermediation?; E. Other Issues; IV. Staff Appraisal; Figures; 1. Regional and Global Comparisons; 2. Recent Macroeconomic Developments
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (59 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU