KNOWLEDGE4POLICY - Swift Measures Needed to Support Timor-Leste’s Economy During COVID-19

Dili, May 15, 2020 – Economic activity is forecast to contract by at least 5 percent in 2020, owing to renewed political uncertainty and the impact of the novel coronavirus (COVID-19), according to a new World Bank report released today.

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Global Food and Nutrition Security

date: 15/05/2020

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The Timor-Leste Economic Report: A Nation Under Pressure warns that the COVID-19 pandemic, with its associated health and economic impacts, requires bold policy actions and a strong political consensus to avert the deepest economic shock in Timor-Leste’s history since independence.

Full text available here: https://www.worldbank.org/en/news/press-release/2020/05/15/swift-measures-needed-to-support-timor-lestes-economy-during-covid-19