IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2025-278.html
   My bibliography  Save this paper

Democratic Republic of Timor-Leste: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of Timor-Leste

Author

Listed:
  • International Monetary Fund

Abstract

Timor-Leste’s financial buffers and favorable demographics provide an opportunity to develop its economy. Despite impressive progress since independence, the economy remains under-diversified, while fiscal and external imbalances are large. The Petroleum Fund’s (PF) balance stood at 939 percent of non-oil GDP in 2024, making Timor-Leste’s Net Foreign Asset position one of the highest in the world as a share of the domestic economy. But oil and gas production has ceased and large withdrawals from the PF to finance fiscal deficits, should they continue, would lead to its full depletion by the end of the 2030s. Timor-Leste has one of the youngest populations in the Asia-Pacific region, holding promise for future growth.

Suggested Citation

  • International Monetary Fund, 2025. "Democratic Republic of Timor-Leste: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of Timor-Leste," IMF Staff Country Reports 2025/278, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/278
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=570720
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2025/278. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.