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Timor-Leste Must Win Independence from Petroleum

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Presentation on theme: "Timor-Leste Must Win Independence from Petroleum"— Presentation transcript:

1 Timor-Leste Must Win Independence from Petroleum
Comments from Charles Scheiner, La’o Hamutuk 3 May 2011

2 Can Timor-Leste achieve the fastest economic growth in the world?

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5 HDI doesn’t represent people’s lives.

6 GNI doesn’t measure Timor-Leste’s economy

7 GNI doesn’t measure Timor-Leste’s economy

8 Table 14 from the UNDP NHDR

9 Table 14 from the UNDP NHDR
The 2011 State Budget prioritizes physical infra-structure over health and education. 2011 17.3 1.7 13.7 6.2 9.6 41.4 4.3 3.8 0.2 100.0

10 State Budgets 2002-2015 Showing transfers from Petroleum Fund

11 State Budgets 2002-2015 Showing Non-oil GDP Growth

12 Many children will become youth

13 Our oil and gas wealth is very limited.

14 Petroleum Fund Balance in the Future

15 Thank you. You can find this presentation and more information from
La’o Hamutuk’s website La’o Hamutuk’s blog


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