Timor-Leste reports lower poverty but widening inequality
The 2024 survey put rural poverty at 45.5% and urban poverty at 18.4%, highlighting uneven access to economic opportunities.
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The 2024 survey put rural poverty at 45.5% and urban poverty at 18.4%, highlighting uneven access to economic opportunities.
The recommendations cover economic stability, spending efficiency and financing options to ease pressure on the Petroleum Fund.
Timor-Leste’s president said an agreement with Woodside Energy and the Australian government would be finalised soon.
Proposed legislation would tie premiums to institutional risk and allow the protection fund to finance assistance for troubled members.
The government has retained its 2028 completion target for the project, whose runway and related infrastructure contract is worth approximately US$72.5 million.
Six investors also exchanged memoranda with the Vietnamese province covering nearly ₫12 trillion in registered capital.
The programme runs from 2026 to 2028 and includes training officials on pollution management and vehicle emission standards.
The proposed 20,000-capacity venue in Dili has a completed feasibility study, with FIFA funding and government support expected.
Health Minister Dzulkefly Ahmad says regional capacity needs strengthening to protect medicine access from disruptions in global supply chains.
The Vietnamese investor says proposed changes to approval procedures could shorten the process by three to six months.