Harnessing Natural Resource Wealth for Inclusive Growth and Economic Development
Dili, Timor Leste, September 17-19, 2013
A High-Level Conference Jointly Organized by the IMF and the Government of Timor Leste (TLS) in Collaboration with the Asian Development Bank, the World Bank Group, Japan International Cooperation Agency (JICA), Dili, Timor-Leste.
The conference "Harnessing Natural Resource Wealth for Inclusive Growth and Economic Development" will focus on policies for sustainable and inclusive economic growth in natural resource rich countries. Key issues include ways to strengthen the macro-fiscal framework and strategies for economic diversification. The conference will include regional and global perspectives with representatives from a number of diverse resource-rich countries in Asia and the Pacific, as well as Africa and the Caribbean sharing the lessons from their experiences. The event will conclude with a high-level Policy Round Table Discussion.
| Harnessing Natural Resource Wealth for Inclusive Growth and Economic Development | |
| Tuesday, September 17, 2013 Venue: Palacio Nobre - Lahane | |
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Session 1 7:00 p.m. to 9.30 p.m. |
Welcome Dinner |
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Greetings: H.E. Taur Matan Ruak, President, Democratic Republic of Timor-Leste | |
| Wednesday, September 18, 2013 Ministry of Foreign Affairs Conference Center | |
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Session 2 9.00 a.m. to 10.00 a.m. |
Keynote Session |
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Moderator: H.E. Emilia Pires, Minister of Finance H.E. Kay Rala Xanana Gusmao, Prime Minister, Democratic Republic of Timor-Leste Mr. Anoop Singh, Director of Asia and Pacific Department, International Monetary Fund (IMF) Keynote Speech Ms. Noeleen Heyzer, Under Secretary-General of the United Nations and UN Secretary General Special Adviser for Timor-Leste (video) Professor Jeffrey D. Sachs, Earth Institute, Columbia University (video) | |
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Session 3 10.00 a.m. to 10.30 a.m. |
Management of Natural Resource Wealth in Timor-Leste: The Way Forward |
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Minister of Petroleum and Natural Resources, Mr. Alfredo Pires | |
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Session 4 10.30 a.m. to 11.15 a.m. |
The Macro-Fiscal Nexus |
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Moderator: Mr. Hoe Ee Khor, IMF Mr. Neil Saker, IMF Mr. Alun Thomas, IMF Professor Yoshitaka Hosoi, Japan International Cooperation Agency (JICA) Q&A | |
| Coffee Break 11.15 a.m. to 11.30 a.m. | |
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Session 5 11.30 a.m. to 12:15 p.m. |
Promoting Diversification - Financial Sector Development |
Moderator: Ms. Nur Aini Djafar Alkatiri, Deputy Governor, Banco Central de Timor-Leste Mr. Scott Roger, Project Coordinator, Pacific Financial and Technical Assistance Centre Mr. Gae Kauzi, Assistant Governor, Bank of Papua New Guinea Mr. Glenn Maguire, Chief Economist for Asia Pacific, ANZ Bank Q&A |
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Session 6 12:15 p.m. to 1:30 p.m. |
Promoting Diversification - Private Sector Development |
Moderator: Dr. Hafiz Pasha, Advisor to the Minister of Finance, RDTL Mr. Changyong Rhee, Chief Economist, Asian Development Bank (ADB) PresentationMr. Frederico Gil Sander, World Bank Group (WBG) PresentationProfessor Tan Kim Song, Singapore Management University Ms. Kathleen Goncalves, Timor-Leste Chamber of Commerce and Industry PresentationQ&A |
| Lunch 1:30 p.m. to 2:30 p.m. Mr. Alfredo Pires, Minister of Petroleum and Natural Resources | |
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Session 7 2.30 p.m. to 3.30 p.m |
Promoting Diversification (continued) |
Moderator: Mr. Changyong Rhee, Chief Economist, ADB Mr. Hafiz Pasha, Adviser to the Minister of Finance, RDTL Mr. Ndiame Diop, WBG Mr. Gavin Murray, WBG Mr. Xianbin Yao, ADB Q&A |
| Coffee Break 3.30 p.m. to 3.45 p.m. | |
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Session 8 3.45 p.m. to 5.15 p.m |
Country Experiences and Lessons Learned—Macro-Fiscal issues |
Moderator: Mr. Joao Saldanha, Advisor, Ministry of Finance, Timor-Leste Mr. Jan Rielaender, OECD Development Centre Mr. Tserenpuntsag Batbold, United National Secretariat on Mongolia Mr. Ewart Williams, former Governor of the Central Bank of Trinidad & Tobago Open discussion by Country Representatives and Q&A |
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Session 9 5.30 p.m. to 6.30 p.m. |
Informal session by country participants to discuss key conclusions Preparation of material for session 10 – the Policy Round Table Timor Hotel |
| Dinner: Timor Hotel 7.30 p.m. to 9.30 p.m. Co-Hosted by Minister Emilia Pires and Mr. Anoop Singh, IMF Remarks: Mr. Xianbin Yao, ADB; Mr. Ndiame Diop, WBG; Mr. Hiroto Arakawa, JICA Professor Paul Collier, Oxford University (video) | |
| Thursday, September 19, 2013 | |
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Session 10 9.00 a.m. to 10.30 a.m. |
Country Experiences and Lessons Learned—Diversification Issues |
Moderator: Mr. Hiroto Arakawa, JICA Dr. Al Ismaily, Chairman, Investment Promotion and Export Development Authority, Oman Mr. Surong Bulakul, Chief Financial Officer, PTT Public Company Ltd, Thailand Mr. Rizwan Rahuman, Bank Negara Malaysia Ms. Megumi Muto, Deputy Director General, Southeast and Pacific Department, JICA Open discussion by country representatives and Q&A |
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Session 11 10.30 a.m. to 11.30 a.m. |
Policy Round Table |
Moderator: Mr. Anoop Singh, IMF Country participants |
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Session 12 11.30 a.m. to Noon |
Final Remarks |
H.E. Emilia Pires, Minister of Finance Mr. Anoop Singh, IMF |
