Asia's Economic Growth Slows

New ADB report lowers region's growth rate to 6 percent on continued global uncertainties and slowing economic activity.  Read More

12 Pillars for the Transformation of Asia and the Pacific Region

Asia and the Pacific has made good progress towards the eight Millennium Development Goals (MDGs), though the region will still need to make greater efforts if it is to meet some important targets. Read More

Diversification Crucial for Private Sector Development in Timor-Leste

Economic diversification must be an essential part of the growth strategy for resource-dependent Timor-Leste, if it is to develop a prosperous private sector and sustain broad-based growth, says ADB Chief Economist Changyong Rhee. Read More

Asia's Path to Prosperity

Industrialization must be an essential part of the growth formula if Asian countries are to prosper and avoid the 'middle income trap,' says ADB report. Read More

Overview

Timor-Leste has initiated a new development phase—funded by offshore petroleum revenue—that is pursuing a high rate of sustainable economic growth through the conversion of petroleum wealth into human and physical capital.

In 2011–2015, ADB will help the government achieve this fast tracking of development by supporting the upgrade of the country's infrastructure and complementary initiatives.

Fast Facts

1.12 (2012)
Population in millions

2.4% (2010-2012)
Annual population growth rate

41.1% (2009)
Population living below the national poverty line

Fact Sheet

Proposed Projects

7 Dec 2012 46156-001: Infrastructure Management
23 May 2011 44137-022: District Capital Power Distribution Project
View all proposed

Approved Projects

19 Sep 2013 46260-002: Road Network Upgrading Sector Project
10 Dec 2012 46273-001: Preparing for Regional Economic Integration
29 Aug 2012 46260-001: Road Network Upgrading (Sector) Project
View all approved

ADB Lending

Amount ($M) / %
Sector (No. of loans)
40.00 / 100.00
Transport and ICT (2)
 
40.00 / 100.00
TOTAL (2)
Cumulative as of 31 December 2012

Publications

Oct 2013 Asian Development Outlook 2013 Update: Governance and Public Service Delivery

Aug 2013 Climate Change Adaptation in the Pacific Coral Triangle

Aug 2013 Disaster Risk Reduction and Management in the Pacific

View all publications

News Releases

2 Oct 2013 Asia Must Step Up Governance Reforms to Sustain Growth and Development
2 Oct 2013 Developing Asia Slowing Amid Global Financial Jitters
18 Sep 2013 Diversification Crucial for Private Sector Development in Timor-Leste - ADB
21 Aug 2013 Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report
18 Jul 2013 ADB Helps Timor-Leste Get Better Access to Safe, Reliable Water
View all news releases

Newsletter

October 2012

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Photostream

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