Countries and Regions

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p. 5 of 5 BACK | NEXT I. Country Strategy II. Current Development Trends and Issues III. Implementation of the Country Strategy and Program IV. Portfolio Management Issues V. Country Performance and Assistance Levels

Country Strategy and Program Update 2003-2004: Timor-Leste

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V. Country Performance and Assistance Levels

A. Lending Level Proposed

31. Based on the criteria adopted by ADB for the classification of DMCs, Timor-Leste is likely to be classified²⁰ in Group A,²¹ in which case it will be fully eligible for Asian Development Fund (ADF) financing. For the present, the Government continues to maintain a "no borrowing" policy.

B. Nonlending Program

32. Nonlending assistance is crucial for Timor-Leste’s overall advisory and institutional capacity building, as well as for the preparation of investment projects (see Appendix 2, Table A2.8).

33. In 2003, ADB will provide TAs for strengthening the statistics office ($150,000) and strengthening public sector and governance ($550,000). In 2004, TA will be provided to support the development of small and micro enterprises ($250,000) and to build capacity in the key infrastructure ministries ($250,000) (see Appendix 3, Tables A3.1-A3.4).

C. Summary of Changes to Lending and Nonlending Program

34. This is the first country strategy and program update for Timor-Leste since becoming a member of ADB in 2002. Changes, if any, to the current lending and nonlending program will be detailed in 2004.

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