April 29, 2025
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President Speaks Out Against Budget and Warns of “Near-Stagnant National Economy”
INDEPENDENTE
February 14, 2019
DILI: The President of the Republic has delivered a clear warning to the ruling coalition government to “adopt more adequate public polices” and “execute them more rigorously,” or risk Timor-Leste’s economic security.
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Government’s $1.4bn 2019 Budget Passed by President
INDEPENDENTE
February 11, 2019
DILI: The ruling coalition government’s revised US$1.48 General State Budget Law for 2019 has been promulgated by the President of the Republic, setting up the major economic program for the next 12 months.
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FONGTIL call For Performance Evaluations of Government Members
Jacinto Xavier
February 11, 2019
DILI: Timor-Leste’s NGO forum (FONGTIL) is calling on Prime Minister Taur Matan Ruak to conduct performance evaluations of his government members, amid concern about their ability.
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Parliament Backs Government’s “Zero-Plastic” Policy
INDEPENDENTE
February 07, 2019
DILI: National Parliament is supporting the government’s strong new zero-plastic target, voting overwhelmingly to back the initiative on January 30.
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Noe Pushes Oil and Gas Development Over Agriculture
Jacinto Xavier
February 07, 2019
DILI: The president of National Parliament has argued that building a strong economy for Timor-Leste rests with developing the nation’s oil and gas sector and not its agricultural industry.
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Finance Company Warns Divisivice Politics is Timor-Leste’s Greatest Risk to Economic Growth in 2019
INDEPENDENTE
January 29, 2019
DILI: Findings from a macroeconomic report warn that the biggest risk to Timor-Leste’s economic growth outlook over the next 12 months is the nation’s on-going political instability.
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Fretilin Calls For Extradition Policies to End High Profile Citizens Escaping Court Hearings
Jacinto Xavier
January 25, 2019
DILI: The increase of high-profile government members escaping court hearings by traveling overseas such as Francisco Kalbuadi Lay and Sergio Lobo are a “worrying” sign of the state of Timor-Lesate’s democracy, the Deputy Chairman of Fretilin Party has said.
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CNRT Denies Lay Escaping from High Court Summons
Jacinto Xavier
January 24, 2019
DILI: Despite calls from the High Court claiming that he had missed his scheduled court appearance to defend corruption allegations, the National Congress for Timorese Reconstruction (CNRT) party is sticking by its Secretary General Francisco Kalbaudy Lay. Lay had been nominated for commerce, tourism and sports minister, but rejected by…
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Lu Olo Vetoes 2019 State Budget
Jose Sarito Amaral
January 24, 2019
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.
Read 1984 times
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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Lu Olo Promulgates Rules To Use Petroleum Fund to Buy Sunrise Gas Shares
INDEPENDENTE
January 21, 2019
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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