World Bank Predicts 2.4% Growth for East Timor in 2023

This year, Portuguese-speaking Timor-Leste’s private spending is expected to grow by 4%, outpacing government spending at 2.9%. This marks a shift from last year when private spending rose by just 1.8%, and government spending surged by 6.9%. In 2022, the nation’s economy grew by 3.9%, mostly due to high public outlays. This led to a […]

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