Publication:
Timor-Leste Economic Report, May 2021: Charting a New Path

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2021-06-09T21:44:21Z
dc.date.available2021-06-09T21:44:21Z
dc.date.issued2021-05
dc.description.abstractCOVID-19 is spreading quickly throughout the country, despite early successes in containing the virus. Meanwhile, flooding and landslides have caused considerable human loss and economic damage. These compounding health and humanitarian emergencies are undermining the economic recovery in 2021, but the recent approval of a revised budget can alleviate the negative impacts. Economic activity has been weakened by the recent COVID-19 outbreak and the impact of Cyclone Seroja. GDP is forecast to grow by 1.8 percent in 2021, which is lower than the 3.1 projected in October 2020. The economy is expected to recover in the medium-term, but structural constraints will remain an impediment to faster growth. Reforms to boost productivity and competitiveness are critical. COVID-19 and recent floods have highlighted and exacerbated underlying weaknesses in Timor-Leste’s health system. Disruptions to health and nutrition services arising from these crises may have a multiplier effect on access to care for routine and essential care, setting back the country’s progress on health outcomes and human capital development.en
dc.identifierhttp://documents.worldbank.org/curated/en/335691623267556394/Timor-Leste-Economic-Report-Charting-a-New-Path
dc.identifier.doi10.1596/35720
dc.identifier.urihttps://hdl.handle.net/10986/35720
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectFLOODS
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectEXTERNAL SECTOR
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectPANDEMIC RESPONSE
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectHEALTH SYSTEM
dc.subjectHEALTH SERVICE DELIVERY
dc.subjectHEALTH FINANCING
dc.titleTimor-Leste Economic Report, May 2021en
dc.title.subtitleCharting a New Pathen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleTimor-Leste Economic Report, May 2021
okr.date.disclosure2021-06-09
okr.date.doiregistration2025-05-07T11:58:47.379304Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/335691623267556394/Timor-Leste-Economic-Report-Charting-a-New-Path
okr.guid335691623267556394
okr.identifier.externaldocumentum090224b0886b969c_1_0
okr.identifier.internaldocumentum33157980
okr.identifier.report160206
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/335691623267556394/pdf/Timor-Leste-Economic-Report-Charting-a-New-Path.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryTimor-Leste
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicHealth, Nutrition and Population::Health Economics & Finance
okr.topicHealth, Nutrition and Population::Health Systems Development & Reform
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
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