Publication:
Timor-Leste Economic Report, April 2020: A Nation Under Pressure

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2020-05-14T18:23:57Z
dc.date.available2020-05-14T18:23:57Z
dc.date.issued2020-04
dc.description.abstractEconomic activity is expected to contract in 2020, owing to political uncertainty and the impact of the novel coronavirus (COVID-19). Despite a return to economic growth in 2019, failure to approve a state budget for 2020, renewed political uncertainty, and the global COVID-19 outbreak have all considerably weighed down prospects for 2020. In addition, recent heavy rains caused floods that affected thousands of people and many businesses. Given these mutually reinforcing negative effects, the GDP growth forecast for 2020 has been lowered from 4.6 percent (as projected in the October 2019 report) to -4.8 percent. However, this projection is still subject to much uncertainty. In particular, the economic impacts of COVID-19 will largely depend on the direct impact of the virus, the scope and duration of the public health measures adopted, as well as the economic policy response. The Special Focus discusses some of the economic transmission channels and puts forward a set of policy interventions that may help cushion the impact on businesses and people’s livelihoods.en
dc.identifierhttp://documents.worldbank.org/curated/en/960951589466425449/Timor-Leste-Economic-Report-A-Nation-Under-Pressure
dc.identifier.doi10.1596/33749
dc.identifier.urihttps://hdl.handle.net/10986/33749
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.subjectECONOMIC OUTLOOK
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectEXTERNAL SECTOR
dc.subjectRISKS
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC
dc.subjectHEALTH CRISIS
dc.subjectPANDEMIC RESPONSE
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.titleTimor-Leste Economic Report, April 2020en
dc.title.subtitleA Nation Under Pressureen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleTimor-Leste Economic Report, April 2020
okr.date.disclosure2020-05-14
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/960951589466425449/Timor-Leste-Economic-Report-A-Nation-Under-Pressure
okr.guid960951589466425449
okr.identifier.doi10.1596/33749
okr.identifier.externaldocumentum090224b08792297c_1_0
okr.identifier.internaldocumentum32034840
okr.identifier.report148484
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/960951589466425449/pdf/Timor-Leste-Economic-Report-A-Nation-Under-Pressure.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryTimor-Leste
okr.topicPublic Sector Development::Public Sector Economics
okr.topicPublic Sector Development::Public Financial Management
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
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