Timor-Leste economic development

Diversifying the economy, which is massively dependent on oil and gas, is the biggest task facing Timor-Leste. The time is now, and every second counts.

Many changes are necessary if the country is to break the shackles of oil dependency and build a more diverse and sustainable economy.

The principal idea of development for Timor-Leste should be the wellbeing of the people rather than economic numerical indicators.

Tourism could help drive Timor-Leste's economy forward long after oil and gas have run their courses.

Timor-Leste may have fought off two foreign invaders only to have its independence sold off by its own leaders.

With economic diversification critical for oil-dependent Timor-Leste, it’s time to take a close look at the effects of migration.

The government knows that it can't rely on oil revenue forever, but making the shift is easier said than done.

Despite the modest economic growth of the last decades, Timor-Leste cannot accommodate a rapidly growing young population.

The country’s state budget has spotlighted how it is dealing with some of the opportunities and challenges in its economic development.

With the appointment of a new premier, the country should look at the policy as an option for managing its economy.