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Timor-Leste’s Opportunity to Turn Its Wealth Into Economic Development - Caribbean News Global

Summary by Caribbean News Global
By Yan Carrière-Swallow and Raju Huidrom Substantial savings from past oil production can help build a thriving economy for future generations—if spent better and more slowly Timor-Leste has achieved significant progress since its independence in May 2002. Asia’s youngest nation has maintained stability, strengthened institutions, and enjoyed enviable economic growth and inflation for a country emerging from conflict. Notably, it has stockpiled…
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ts2.tech broke the news in on Wednesday, June 11, 2025.
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