IMF Staff Country Reports

Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix

Publication Date:

February 28, 2007

Electronic Access:

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Summary:

This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s strategy could significantly boost economic growth and reduce poverty. The paper reviews the major issues related to tax policy reform in Timor-Leste. It also discusses the current direction of Timor-Leste Petroleum Fund asset management and issues that might arise with eventual asset diversification.

Series:

Country Report No. 2007/086

Subject:

Expenditure Income and capital gains taxes Income tax systems Public investment and public-private partnerships (PPP) Public investment spending Revenue administration Stocks Taxes