Republic of Timor-Leste : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste

2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste

Republic of Timor-Leste : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste
This paper discusses recent economic developments, economic outlook, and risks in Timor-Leste. Growth has moderated while inflation has fallen sharply. Owing to a sharp fall in oil revenues and large development needs, Timor-Leste is facing difficult policy challenges. According to industry estimates, unless new oil reserves are developed, oil... READ MORE...

Publication date: June 2016
ISBN 9781498319492
$18.00

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