Democratic Republic of Timor-Leste: Selected Issues

July 24, 2009

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Format: Chicago

Democratic Republic of Timor-Leste: Selected Issues, (USA: International Monetary Fund, 2009) accessed December 23, 2024

Summary

Petroleum is now by far Timor-Leste’s largest source of income. If well harnessed, Timor-Leste’s petroleum wealth offers the potential for a more prosperous future. This Selected Issues paper provides an overview of how Timor-Leste’s Petroleum Fund functions. It considers the extent of the country’s petroleum wealth, discusses the developmental challenges, and outlines key challenges ahead. The paper depicts the origins of the fund and details its operating mechanisms. It also assesses how the fund has performed to date.

Subject: Budget planning and preparation, Commodities, National accounts, Oil, Oil prices, Oil, gas and mining taxes, Personal income, Prices, Public financial management (PFM), Taxes

Keywords: Budget, Budget planning and preparation, CR, Fund, Gas and mining taxes, Global, Hydrocarbon potential, ISCR, Oil, Oil prices, Personal income, Petroleum resource, Petroleum wealth, Proceeds, Resource management framework, Revenue, Timor-Leste's Petroleum Fund

Publication Details

Pages:

16
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/220
Stock No:

1TLSEA2009002
ISBN:

9781451837384
ISSN:

1934-7685

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