Items filtered by date: Friday, 24 May 2019

DILI: Timor-Leste must adopt a “credible fiscal strategy” and protect the country’s petroleum fund to improve economic stability, according to the International Monetary Fund.

In a recent review, the IMF said that the “main challenge facing Timor-Leste was improving fiscal management,” calling for “improvements in expenditure control, greater spending efficiency, and better revenue mobilisation.”