Description: Timor-Leste's Recovery from the 2006 Crisis : Some Lessons

Timor-Leste's Recovery from the 2006 Crisis : Some Lessons

This note looks specifically at how the government used Public Finance Management (PFM) policies to help address the enormous short-term challenges of a fragile situation in the aftermath of the 2006 crisis. The government capitalized on a rapid in...

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Bibliographic Details
Main Authors:	Porter, Doug, Rab, Habib
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTABILITY MEASURES ADMINISTRATIVE REFORM ADMINISTRATIVE REFORMS AID EFFECTIVENESS ANTI-CORRUPTION ASSETS AUDITORS BUDGET EXECUTION BUDGETING CASH TRANSFERS CIVIL SOCIETY COMMODITY PRICE COMMODITY PRICES CONFIDENCE CONTINGENT LIABILITIES DEBT DEBT MANAGEMENT DEFICITS DEVELOPING COUNTRIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC POLICIES EXCESS SUPPLY EXPATRIATE EXPENDITURES FIDUCIARY STANDARDS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL STATEMENTS FISCAL DEFICIT FISCAL POLICY FORMAL ECONOMY FUNDING SOURCES GANG GLOBAL GOVERNANCE GOVERNMENT SPENDING GREATER ACCESS HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCES INFLATION INFORMATION SYSTEMS INITIATIVE INSTITUTIONAL CAPACITY INSTRUMENT INTEGRITY INVESTING INVESTMENT PLANS JUSTICE JUSTICE SYSTEM LABOR MARKET LAWS LEADERSHIP LEGAL FRAMEWORK LEVEL OF COMMITMENT MARKET ACCESS MARKET DATA MEDIA MINISTER MINISTERS MONETARY FUND OIL PRICE OPPORTUNITY COST PENSIONS POLICE POLICY RESPONSES POST-CRISIS PERIOD PRIVATE SECTOR PROCUREMENT PUBLIC PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC SECTOR PUBLIC SPENDING PUBLIC WORKS RECEIPTS RECURRENT EXPENDITURE REFERENDUM REFUGEES REGISTRATION PROCESS RETURNS REVENUE MANAGEMENT SAVINGS SERVICE DELIVERY TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY TRUSTEE VIOLENCE VULNERABLE WOMEN
Online Access:	http://documents.worldbank.org/curated/en/597981468340182384/Timor-Lestes-recovery-from-the-2006-crisis-some-lessons http://hdl.handle.net/10986/27509

Description
Summary:	This note looks specifically at how the government used Public Finance Management (PFM) policies to help address the enormous short-term challenges of a fragile situation in the aftermath of the 2006 crisis. The government capitalized on a rapid increase in oil revenues and through administrative measures that delegated more responsibility for spending decisions to line ministries, achieved a rapid increase in the rate of public spending on cash transfers, goods and services and public works. This note starts by summarizing the evolving challenges of the post-independence PFM system, the fragility of 2006/07, and the changed fiscal outlook following the surge in petroleum revenue. It then looks at the government's PFM policies that helped it to address urgent demands and successfully restore short term stability. The note concludes by drawing possible lessons from this period for other post-conflict situations.

Timor-Leste's Recovery from the 2006 Crisis : Some Lessons

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