Democratic Republic of Timor-Leste : 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of Timor-Leste

Author/Editor:

International Monetary Fund

Publication Date:

July 24, 2009

Electronic Access:

Free Full text (PDF file size is 1446 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2009 Article IV Consultation on Timor-Leste highlights that the Timorese economy has posted high economic growth over the past two years, driven by rapid increases in government spending and a recovery in agriculture from a 2007 drought. Central government spending rose sharply in 2008, reflecting efforts to address pressing development needs and secure social cohesion. Executive Directors have welcomed the recently announced moderation in government spending. Directors have also supported the prudent approach toward widening the fund’s investment portfolio.

Series:

Country Report No. 09/219

Subject:

English

Publication Date:

July 24, 2009

ISBN/ISSN:

9781451837377/1934-7685

Stock No:

1TLSEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

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