Asian Development Bank and Timor Leste: Fact Sheet
Asian Development Bank | July 2006
Abstract
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Timor-Leste as well as concise information on ADB's operations in the country and contact information. Timor-Leste is the world’s newest nation and one of the newest members of the Asian Development Bank (ADB). Four years after Timor-Leste’s restoration of independence in May 2002, a functioning state with most of the
institutions envisioned in its constitution is already in place. Timor-Leste is secure and stable, with little prospect of a return to the troubles that reached heights of violence in 1999. Against these nation-building achievements, the people of Timor-Leste remain among the poorest in Asia. Set against a stagnant economy and high annual population growth rate in recent years, Timor-Leste has probably seen poverty worsen since 2002, when the country was ranked 140 out 170 countries on the United Nation’s Human Development Index.
Citation
Asian Development Bank. 2006. Asian Development Bank and Timor Leste: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5930.Keywords
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