Asian Development Bank Member Factsheet - Timor-Leste

Abstract

Timor-Leste has made significant progress in state building since its independence in 2002. However, while access to essential services (particularly electricity) has vastly improved, key human development indicators remain low. The country’s prospects hinge on prudent and effective use of revenues from petroleum production to finance the investments in human capital, physical infrastructure, and institutions that are needed to support economic diversification and growth.