Democratic Republic of Timor-Leste : Staff Report for the 2005 Article IV Consultation

1TLSEA2005001 Image
Price:  $15.00

Release Date: © July, 2005
ISBN : 978-1-45183-729-2
Stock #: 1TLSEA2005001
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Economic sectors , Monetary policy , Private sector




More publications in this series: IMF Staff Country Reports