DILI: Timor-Leste’s President of the Republic has vetoed the government’s 2019 general state budget, but criticised the government’s prioritisation of buying foreign assets at the expense of devoting attention to education, health and other public services.

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DILI:Timor-Leste’s High Court could stop the approved decree that allows use of the country’s petroleum fund for a $650 million buyout of Royal Dutch Shell and ConocoPhillips’ holdings in the Greater Sunrise gas project, if a request from Parliament is made.

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DILI: The President of the Republic has approved a government bid to increase access to its petroleum fund for a $650 million buyout of ConocoPhillips’s and Royal Dutch Shell holdings in the Greater Sunrise gas project, a bid he had vetoed in December but had strong parliamentary support.

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DILI: Media outlets in Timor-Leste received letters to terminate advertising contracts from several government ministries in recent days, amid growing backlash from some members of the ruling government to speak to local media.

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DILI:The President of the Republic will hear recommendations from the State Council before deciding to enact or veto the 2019 General State Budget, after receiving the budget law on 24 December.

The government’s proposed US$2132 million State budget gained 134 amendments in parliament before it was approved 40 votes in favour and 25 against on December 22.

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DILI: The Ministry of Social Solidarity has made available 900 tonnes of subsidised rice for rice-growing farming families in districts where crops were destroyed last year, as national rice prices soar by up to 50 per cent.

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DILI – Timor-Leste’s Major General Lere Anan Timur has cautioned against the Catholic Church playing a mediator role in political disagreements, declaring mediation a legal affair.

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DILI: The Deputy Finance Minister Sara Lobo has confirmed a $296 million budget pool to cover State expenses, as parliament seeks approval of its 2019 General State Budget.

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DILI: A speech by the Petroleum Fund Consultative Council in National Parliament aimed at clarifying the State’s multi-million-dollar energy project plans was cut short early Tuesday with Xanana Gusmao, Timor-Leste’s Chief oil and gas negotiation, claiming members of the Fretilin opposition party were playing politics with national plans.

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DILI: Timor-Leste’s government suffered a unique political blow on Tuesday, when the President of the Republic vetoed amendments to the country’s Law on petroleum activities that would have changed the conditions in which money from the nation’s Petroleum Fund can be used.

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