East Timor: Establishing the Foundations of Sound Macroeconomic Management

By Luis V. Mendonca, Shamsuddin Tareq, Luis Valdivieso, Alejandro Lopez Mejia, Toshihide Endo

August 28, 2000

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Luis V. Mendonca, Shamsuddin Tareq, Luis Valdivieso, Alejandro Lopez Mejia, and Toshihide Endo. East Timor: Establishing the Foundations of Sound Macroeconomic Management, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

This report provides an overview of the economic and institutional developments in East Timor up to September 1999 and the immediate impact of the violent events that followed the August 30, 1999 referendum to decide East Timor's future status. The report presents the key elements of the strategy recommended by IMF staff to the United Nations Transitional Administration in East Timor (UNTAET) to rebuild the institutions needed to support economic activity and public administration, including external financing requirements, technical assistance, and macroeconomic management training needs. Finally, the report assesses implementation of the strategy and discusses the steps that should be taken to ensure that the strategy will help East Timor to prepare to face future challenges.

Subject: Budget planning and preparation, Commercial banks, Currencies, Expenditure, Extra-budgetary funds, Financial institutions, Money, Public financial management (PFM), Revenue administration

Keywords: BOOK, Budget planning and preparation, Commercial banks, Currencies, East Asia, East Timorese leadership, Extra-budgetary funds, Financing gap, IMF mission, Information campaign, South Asia, Spending, Status of East Timor, Timorese, Timorese district accountant, UN presence, UN salary, UNTAET

Publication Details

Pages:

42
Volume:

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DOI:

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Series:

Books
Stock No:

ETEFEA0000000
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