Timor Leste | Asian Development Bank

12 Things to Know in 2012: Health in the Pacific

Good health is a prerequisite to development - healthy people help communities grow and economies prosper. Here are 12 facts about the state of health in Pacific Island countries and why they are major concerns for ADB. Read More

ADB, Timor-Leste Sign $12 Million Grant for Skills Training Program

Government officials and the Director General of ADB's Pacific Department recently signed a $12 million grant agreement to assist Timor-Leste in introducing and implementing mid-level skills training in the construction and automotive trades. Read More

Global Financial Instability Shows Need for Fiscal Discipline in the Pacific - ADB

The eurozone crisis is expected to have only limited impact on the Pacific because the region’s growth prospects are more closely tied to the economies of Australia and New Zealand. Read More

First Locally Owned Commercial Bank Launched in Timor-Leste

ADB assistance helped the Institute of Microfinance of Timor-Leste, now Banco Nacional Comércio de Timor-Leste, become the country's first locally owned commercial bank. Read More

Overview

ADB is helping Timor-Leste as it rapidly builds its economy and social and physical infrastructure. Support is guided by the Country Partnership Strategy 2011-2015, which is aligned with Timor-Leste's Strategic Development Plan 2011-2030. Under the five year strategic partnership, ADB will support infrastructure development, financial services, and the skills training needed to meet the needs of a growing economy. ADB will also help TImor-Leste integrate with Asia, and will support the private sector so Timor-Leste can make the transition from a public-sector led economy. Capacity development will remain central to ADB's engagement.