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East Timor
Establishing the Foundations of Sound Macroeconomic Management
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Abstract

This report provides an overview of the economic and institutional developments in East Timor up to September 1999 and the immediate impact of the violent events that followed the August 30, 1999 referendum to decide East Timor's future status. The report presents the key elements of the strategy recommended by IMF staff to the United Nations Transitional Administration in East Timor (UNTAET) to rebuild the institutions needed to support economic activity and public administration, including external financing requirements, technical assistance, and macroeconomic management training needs. Finally, the report assesses implementation of the strategy and discusses the steps that should be taken to ensure that the strategy will help East Timor to prepare to face future challenges.

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Author:
Mr. Luis V. Mendonca
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,
Mr. Shamsuddin Tareq
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Mr. Luis Valdivieso
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Mr. Alejandro Lopez Mejia
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Mr. Toshihide Endo
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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
28 Aug 2000
DOI:
https://doi.org/10.5089/9781557759610.071
ISBN:
9781557759610
Pages:
42
Keywords:
BOOK; IMF mission; UNTAET; East Timorese leadership; spending; Timorese; UN presence; Timorese district accountant; information campaign; Budget planning and preparation; Currencies; Extra-budgetary funds; East Asia; South Asia; financing gap; UN salary; status of East Timor; Commercial banks
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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