Publication:
Timor-Leste Economic Report: From Resources to Results - Transforming Public Spending to High Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-02-12T21:53:49Z
dc.date.available2025-02-12T21:53:49Z
dc.date.issued2025-02-12
dc.description.abstractTimor-Leste faces a defining moment in its economic journey. As the country seeks to transition from petroleum dependency to a more diverse and resilient economy, the stakes cannot be higher. The Petroleum Fund, a lifeline that has sustained much of the national budget, risks depletion by 2035, based on recent Ministry of Finance estimates, unless there are urgent reforms. Ambitious national goals - such as upcoming ASEAN membership - reflect the country’s aspirations to integrate globally and broaden its growth horizons. Yet, these opportunities are weighed down by significant fiscal challenges. More specifically, an expanding national budget that raises concerns about fiscal sustainability and the efficiency of public spending. The question is clear: how can Timor-Leste spend better to fuel sustainable growth while preserving fiscal stabilityen
dc.identifierhttp://documents.worldbank.org/curated/en/099020725062029237/P50696410e76cf0231b2fc1c94bdd0c93bf
dc.identifier.doi10.1596/42806
dc.identifier.doihttps://doi.org/10.1596/42806
dc.identifier.urihttps://hdl.handle.net/10986/42806
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC JOURNEY
dc.subjectPETROLEUM DEPENDENCY
dc.subjectFISCAL SUSTAINABILITY
dc.subjectPUBLIC SPENDING EFFICIENCY
dc.subjectSUSTAINABLE GROWTH
dc.titleTimor-Leste Economic Reporten
dc.title.subtitleFrom Resources to Results - Transforming Public Spending to High Growthen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-02-12
okr.date.doiregistration2025-04-14T12:02:31.382691Z
okr.date.lastmodified2025-02-12T00:00:00Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099020725062029237/P50696410e76cf0231b2fc1c94bdd0c93bf
okr.guid099020725062029237
okr.identifier.docmidP506964-0e76cfb0-afda-4323-b2fc-c94bdd0c93bf
okr.identifier.externaldocumentum34454160
okr.identifier.internaldocumentum34454160
okr.identifier.report197175
okr.import.id6585
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099020725062029237/pdf/P50696410e76cf0231b2fc1c94bdd0c93bf.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryTimor-Leste
okr.topicEnergy::Oil & Gas
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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