Buffeted by COVID-19 and Tropical Cyclone Seroja, the non-oil economy grew by 1.5 percent in 2021. A record-high budget with expenditure of nearly 90 percent of GDP bolstered government consumption. A...
Given the finite nature of petroleum resources and associated sovereign wealth fund, it is critical for Timor-Leste to build a strong foundation for sustainable revenue mobilization to finance public spending...