Democratic Republic of Timor-Leste : Staff Report for the 2003 Article IV Consultation

Staff Report for the 2003 Article IV Consultation

Democratic Republic of Timor-Leste : Staff Report for the 2003 Article IV Consultation
Owing to poor infrastructure, limited administrative capacity, and nascent institutions, Timor-Leste is one of the most underdeveloped countries in the world. During the turmoil, two-thirds of the physical infrastructure is estimated to have been destroyed. Executive Directors stressed that fiscal policy should bear the major burden of... READ MORE...

Publication date: July 2003
ISBN 9781451837254
$15.00

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