Growing the Non-Oil Economy

A Private Sector Assessment for Timor-Leste

Business & Finance, Finance & Investing, Corporate Finance
Cover of the book Growing the Non-Oil Economy by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292570071
Publisher: Asian Development Bank Publication: July 1, 2015
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292570071
Publisher: Asian Development Bank
Publication: July 1, 2015
Imprint: Asian Development Bank
Language: English

This report investigates Timor-Leste's potential to develop a vibrant, stable, and diversified economy that is not dependent on oil revenues. Implementing challenging reforms across the private sector, banking and finance, agriculture, infrastructure, and judiciary requires sound policies and effective legislation. The Government of Timor-Leste shows promising reform appetite and willingness to engage the private sector in developing alternate investment options to attract business to the country. Yet, significant challenges remain to ensure that rebuilding efforts and institutions are managed effectively to benefit all Timor-Leste's citizens. This report was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the New Zealand Government.

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This report investigates Timor-Leste's potential to develop a vibrant, stable, and diversified economy that is not dependent on oil revenues. Implementing challenging reforms across the private sector, banking and finance, agriculture, infrastructure, and judiciary requires sound policies and effective legislation. The Government of Timor-Leste shows promising reform appetite and willingness to engage the private sector in developing alternate investment options to attract business to the country. Yet, significant challenges remain to ensure that rebuilding efforts and institutions are managed effectively to benefit all Timor-Leste's citizens. This report was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the New Zealand Government.

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