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Tax Effort and Tax Potential in Timor-Leste

Assessing Post-Pandemic Fiscal Challenges and Priorities

Asian Development Bank

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English
Asian Development Bank
30 November 2024
This report analyzes tax policy reforms needed in Timor-Leste to boost domestic revenue mobilization and help drive more inclusive and sustainable economic growth.

Timor-Leste, one of Southeast Asia's poorest countries, relies heavily on petroleum income to finance its large public expenditure envelope. As a result, the country remains vulnerable to revenue fluctuations which in turn contribute to macroeconomic volatility. This report concludes that a more diversified approach to domestic resource mobilization will reduce such volatility and provide more stability in government finances. To achieve this, it proposes a modern value-added tax is introduced alongside other tax administration reforms, and that these need to be complemented by more efficient public expenditure.
By:  
Imprint:   Asian Development Bank
Dimensions:   Height: 279mm,  Width: 216mm,  Spine: 4mm
Weight:   204g
ISBN:   9789292707378
ISBN 10:   929270737X
Pages:   58
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

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