The Case for a Legislative Budget Office in East Timor
7 Pages Posted: 29 Jun 2017
Date Written: June 27, 2017
This discussion paper considers the budget systems of East Timor, and identifies gaps in fiscal oversight and procedure that could be addressed through the implementation of a Legislative Budget Office (LBO). These include deficit spending, extractive industry oversight (including the Petroleum Fund), private-sector led development, sustainable income, external development partners, and public transfers.
Keywords: East Timor, Development, Budget, Legislative Budget Office, Petroleum Fund, Extractive Industries
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