Why should TL go into debt?

Timor-Leste is confronting a crossroads — decisions are being made which could impose a large debt repayments and other obligations on Timor-Leste’s citizens and their children. To help inform this discussion and policy-making, La’o Hamutuk has launched a new web page ( http://www.laohamutuk.org/econ/debt/09Borrowing.htm) compiling information relevant to the impending decision by the Timor-Leste government to borrow money from foreign institutions or governments. This online resource includes excerpts and links to documents, analyses, laws and reports.

The following is an abridged version of the main text; the page itself has much more material. As always, we welcome information and perspectives from all sources and will update this page frequently as the situation evolves and new information becomes available.

La’o Hamutuk, 25 November 2009

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