ADB's Work in Timor-Leste
Shareholding and Voting Power
Number of shares held:
1,050 (0.010% of total shares)
40,164 (0.302% of total membership, 0.464% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Since achieving independence in 2002, Timor-Leste has made significant progress in state building. However, while access to essential services (particularly electricity) has improved dramatically, key human development indicators are low. The country’s prospects hinge on prudent and effective use of revenue from petroleum production to finance investments in the physical infrastructure, human capital, and institutions needed to develop an economy not reliant on income from fossil fuels.
Port views in Timor-Leste's capital of Dili
ADB has been supporting Timor-Leste since 1999 and is currently focused on helping the country remove infrastructure bottlenecks and overcome institutional constraints to open the way for a more sustainable economy.
Since 1999, ADB has committed loans, grants, and technical assistance worth $434.21 million for Timor-Leste.