Timor-Leste has made impressive progress since independence in 2002 but remains a fragile post-conflict nation with pressing development needs. With oil and gas production having recently come to a halt, progress on diversifying the economy and developing the private sector is urgently needed....

Timor-Leste has made impressive strides in economic development and institution building. Yet, it is a low-income and fragile country with pressing development needs. A large fraction of the population faces chronic food insecurity, and significant gaps exist in health, education, and...

KEY ISSUES Context. The economy is very dependent on natural resources. Government spending, funded by oil exports, has driven rapid non-oil GDP growth but with high inflation, a loss of competitiveness, and weak employment generation. The political situation is relatively stable with elections...