Timor-Leste and ADB
In the Spotlight
The Government of Timor-Leste and ADB officiated the launch of Banco Nacional de Comércio de Timor-Leste’s (BNCTL) first ever automated teller machines (ATMs).
ADB will help Timor-Leste lay stronger foundations for a sustainable non-oil economy by improving transport connectivity, expanding access to clean water in urban centers, and improving the financial and environmental sustainability of electricity supplies, says Paolo Spantigati, the newly appointed Country Director of ADB's Timor-Leste Resident Mission.
ADB has scaled up its assistance to Pacific countries from about $500 million in 2004 to more than $2 billion by the end of 2015, supporting the construction of infrastructure such as transport, energy, water and sanitation, and information and communication technology.
ADB has been supporting Timor-Leste’s development since 1999, helping the government build a broad-based, non-oil economy through supportive investments in the national road network, urban water supply, and vocational education.
Timor-Leste’s development prospects hinge on prudent use of its petroleum wealth to finance high-quality, sustainable investments in physical and human capital. The country has made excellent progress in state building and improving key social services, but its human development indicators remain among the lowest in the region.
ADB's country operations business plan, 2015-2017 is closely aligned with Timor-Leste’s Strategic Development Plan, 2011-2030, which involves a range of development initiatives in transport, urban water supply, infrastructure management, technical and vocational education and training, finance, and regional cooperation and integration.
Read the ADB and Timor Leste fact sheet.
Projects in Timor-Leste
Population in Timor-Leste, in millions (2015)
Average annual population growth rate in Timor-Leste (2010-2015)
Maternal mortality ratio in Timor-Leste, per 100,000 live births (2015)
Population living below the national poverty line in Timor-Leste (Before 2010)Refers to preliminary/interim figures; or refers to periods before 2010.