The economic outlook for 2018 remains uncertain, partly hinging on the execution of the state budget. Economic activity was sluggish in the first half of 2018, as inferred by lacklustre public spending, weakened trade levels, and slower credit growth. The recently approved 2018 budget proposes a substantial expenditure increase in the last four months of the year, to offset eighteen months of constrained spending. This presents a significant challenge...
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DETAILS
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2018/10/01
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Working Paper
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132202
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1
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1
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2018/11/25
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Disclosed
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Timor-Leste Economic Report : Regaining Momentum?
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Citation
Martins,Pedro Miguel Gaspar.
Timor-Leste Economic Report : Regaining Momentum? (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/756821542739478616