Home 
Regions and Countries 
The Pacific Timor-Leste Country Reports Asian Development Outlook
 | |
Asian Development OutlookEstimates show a contraction in non-oil GDP last year after an extended outbreak of civil unrest, though a sharp rebound is projected for 2007, based on increased spending by the Government and by international personnel deployed in the country. Achieving development objectives hinges on the state’s ability to translate a strong flow of oil and gas revenues into capital spending, since the public sector’s limited capacity restricts budget execution, hindering the growth of sectors that could generate employment and reduce poverty.
|
| © 2009 Asian Development Bank Privacy | Terms of Use |
 Top of page |
