Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector

Following a two-year recession, economic activity is expected to recover in 2019. Public spending, which has traditionally been the key driver of economic growth, increased by 16 percent in the first half of 2019 when compared to the same period in 2018. Higher spending was predominantly focused on...

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Main Author:	World Bank Group
Format:	Report
Published:	World Bank, Washington, DC 2019
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR RISKS PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT FIRM PERFORMANCE REGULATION ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT
Online Access:	http://hdl.handle.net/10986/32818

id	okr-10986-32818
recordtype	oai_dc
spelling	okr-10986-328182021-05-25T09:30:39Z Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR RISKS PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT FIRM PERFORMANCE REGULATION ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT Following a two-year recession, economic activity is expected to recover in 2019. Public spending, which has traditionally been the key driver of economic growth, increased by 16 percent in the first half of 2019 when compared to the same period in 2018. Higher spending was predominantly focused on current expenditure, while capital spending was more subdued. Only a more dynamic private sector will enable the economy to grow faster and in a more sustainable way. Policy priorities for increasing firm performance include increasing firm access to finance, skills and affordable inputs, as well as easing firm entry and reducing regulatory uncertainty. Additional policy areas for reform may include the foreign direct investment (FDI) regime (affecting entry) and the insolvency and creditor rights system (affecting exit). 2019-12-10T16:04:04Z 2019-12-10T16:04:04Z 2019-12-12 Report http://hdl.handle.net/10986/32818 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Timor-Leste
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR RISKS PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT FIRM PERFORMANCE REGULATION ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR RISKS PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT FIRM PERFORMANCE REGULATION ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT World Bank Group Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
geographic_facet	East Asia and Pacific Timor-Leste
description	Following a two-year recession, economic activity is expected to recover in 2019. Public spending, which has traditionally been the key driver of economic growth, increased by 16 percent in the first half of 2019 when compared to the same period in 2018. Higher spending was predominantly focused on current expenditure, while capital spending was more subdued. Only a more dynamic private sector will enable the economy to grow faster and in a more sustainable way. Policy priorities for increasing firm performance include increasing firm access to finance, skills and affordable inputs, as well as easing firm entry and reducing regulatory uncertainty. Additional policy areas for reform may include the foreign direct investment (FDI) regime (affecting entry) and the insolvency and creditor rights system (affecting exit).
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
title_short	Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
title_full	Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
title_fullStr	Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
title_full_unstemmed	Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector
title_sort	timor-leste economic report, october 2019 : unleashing the private sector
publisher	World Bank, Washington, DC
publishDate	2019
url	http://hdl.handle.net/10986/32818
_version_	1764477719567925248

Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector

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