Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan
This chapter captures some of the Public Investment Management (PIM) lessons and experiences from Timor-Leste as it tried to meet urgent infrastructure demands in a post-conflict environment, which benefited from a surge in petroleum receipts. It l...
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| Format: | Economic & Sector Work |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2011/01/23812780/timor-leste-public-investment-management-post-conflict-reconstruction-2011-2020-strategic-development-plan http://hdl.handle.net/10986/21327 |
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okr-10986-21327 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ALTERNATIVE FINANCING APPROPRIATIONS APR ASSETS AUDITED FINANCIAL STATEMENTS BENEFICIARIES BIDDERS BINDING CONSTRAINT BUDGET CONSTRAINT BUDGET EXECUTION BUDGET PROCESS BUDGET REVIEW BUDGETING BUSINESS ACTIVITY BUSINESS ASSOCIATION CAPACITY CONSTRAINTS CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL PROJECTS CAPITAL STOCK CHAMBER OF COMMERCE CIVIL LAW COMMUNITY DEVELOPMENT COMMUNITY DEVELOPMENT INITIATIVES CONTRACT AWARDS CORRUPTION COURT OF APPEALS DECENTRALIZATION DEPENDENT DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC RECOVERY ELECTRICITY ELIGIBILITY CRITERIA ENROLMENT RATES ENTREPRENEURS EQUIPMENT EQUITY INTEREST EXPENDITURES FINANCIAL CAPACITY FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL PERFORMANCE FISCAL POLICY FUNDING SOURCES GLOBALIZATION GOVERNMENT BUDGET GOVERNMENT POLICY HOUSEHOLD ACCESS HOUSEHOLD INCOME HOUSEHOLDS HOUSING HUMAN RESOURCE INFORMATION SYSTEM INFORMATION SYSTEMS INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INSTRUMENT INTERNAL AUDIT INTERNATIONAL FIRMS INVESTMENT MANAGEMENT INVESTMENT NEEDS INVESTMENT PLAN INVESTMENT PLANS INVESTMENT PROGRAM INVESTMENT PROGRAMS INVESTMENT PROJECTS INVESTMENT PROPOSALS JUDICIAL AUTHORITY JUDICIAL BODY LABOUR FORCE LABOUR FORCE SURVEY LACK OF INFORMATION LEGAL FRAMEWORK LICENSES LIVING STANDARDS LOCAL BUSINESSES MANDATES MARKET FAILURES NATURAL DISASTERS OIL PRICE OWNERSHIP INTEREST PAYMENTS SYSTEM PERPETUITY PHYSICAL CAPITAL PORTS POST-CRISIS PERIOD PRIVATE SECTOR PROCUREMENT PROCUREMENT LAW PROCUREMENT PROCEDURES PROCUREMENTS PROVISIONS PUBLIC PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC SPENDING PUBLIC WORKS QUALITY OF ASSET REAL RATE OF RETURN RECEIPTS REFERENDUM REVENUE MANAGEMENT ROADS SALARIES SAVINGS SCHOOL BUILDINGS SCHOOL FACILITIES START-UP STATEMENTS TAX TAX PAYMENTS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TENDERING TENDERS TRANSPARENCY TREASURY TRUST FUNDS VOUCHERS WAGES WARRANTS WITHDRAWAL |
| spellingShingle |
ACCOUNTING ALTERNATIVE FINANCING APPROPRIATIONS APR ASSETS AUDITED FINANCIAL STATEMENTS BENEFICIARIES BIDDERS BINDING CONSTRAINT BUDGET CONSTRAINT BUDGET EXECUTION BUDGET PROCESS BUDGET REVIEW BUDGETING BUSINESS ACTIVITY BUSINESS ASSOCIATION CAPACITY CONSTRAINTS CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL PROJECTS CAPITAL STOCK CHAMBER OF COMMERCE CIVIL LAW COMMUNITY DEVELOPMENT COMMUNITY DEVELOPMENT INITIATIVES CONTRACT AWARDS CORRUPTION COURT OF APPEALS DECENTRALIZATION DEPENDENT DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC RECOVERY ELECTRICITY ELIGIBILITY CRITERIA ENROLMENT RATES ENTREPRENEURS EQUIPMENT EQUITY INTEREST EXPENDITURES FINANCIAL CAPACITY FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL PERFORMANCE FISCAL POLICY FUNDING SOURCES GLOBALIZATION GOVERNMENT BUDGET GOVERNMENT POLICY HOUSEHOLD ACCESS HOUSEHOLD INCOME HOUSEHOLDS HOUSING HUMAN RESOURCE INFORMATION SYSTEM INFORMATION SYSTEMS INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INSTRUMENT INTERNAL AUDIT INTERNATIONAL FIRMS INVESTMENT MANAGEMENT INVESTMENT NEEDS INVESTMENT PLAN INVESTMENT PLANS INVESTMENT PROGRAM INVESTMENT PROGRAMS INVESTMENT PROJECTS INVESTMENT PROPOSALS JUDICIAL AUTHORITY JUDICIAL BODY LABOUR FORCE LABOUR FORCE SURVEY LACK OF INFORMATION LEGAL FRAMEWORK LICENSES LIVING STANDARDS LOCAL BUSINESSES MANDATES MARKET FAILURES NATURAL DISASTERS OIL PRICE OWNERSHIP INTEREST PAYMENTS SYSTEM PERPETUITY PHYSICAL CAPITAL PORTS POST-CRISIS PERIOD PRIVATE SECTOR PROCUREMENT PROCUREMENT LAW PROCUREMENT PROCEDURES PROCUREMENTS PROVISIONS PUBLIC PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC SPENDING PUBLIC WORKS QUALITY OF ASSET REAL RATE OF RETURN RECEIPTS REFERENDUM REVENUE MANAGEMENT ROADS SALARIES SAVINGS SCHOOL BUILDINGS SCHOOL FACILITIES START-UP STATEMENTS TAX TAX PAYMENTS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TENDERING TENDERS TRANSPARENCY TREASURY TRUST FUNDS VOUCHERS WAGES WARRANTS WITHDRAWAL Rab, Habib Petrie, Murray Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| geographic_facet |
South Asia Timor-Leste |
| relation |
The Power of Public Investment Management; |
| description |
This chapter captures some of the Public
Investment Management (PIM) lessons and experiences from
Timor-Leste as it tried to meet urgent infrastructure
demands in a post-conflict environment, which benefited from
a surge in petroleum receipts. It looks at institutional
changes using standard features of Public Investment
Management systems starting from the immediate
post-independence period in 1999 right up to the launch of
Timor-Leste s Strategic Development Plan in July 2011.
Increased control over domestic resources over this period,
thanks to the onset of natural resource rents, gave the
government more autonomy over prioritization and management
of capital expenditure. It also enabled use of the Capital
Budget to pursue multiple objectives including consolidating
social stability, stimulating economic activity outside
Dili, delivering quick results to address urgent
infrastructure needs, and growth of the domestic private
sector. The chapter tries to highlight some of the
trade-offs that the PIM system faced in trying to meet these
different objectives. It finally looks at some of the
institutional reforms that the government embarked on in
2011 when the focus was shifting to large investments for
long-term growth. This included centralizing selected PIM
functions for large projects and decentralizing those
functions for smaller projects. |
| format |
Economic & Sector Work |
| author |
Rab, Habib Petrie, Murray |
| author_facet |
Rab, Habib Petrie, Murray |
| author_sort |
Rab, Habib |
| title |
Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| title_short |
Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| title_full |
Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| title_fullStr |
Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| title_full_unstemmed |
Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan |
| title_sort |
timor-leste : public investment management from post-conflict reconstruction to the 2011-2020 strategic development plan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2011/01/23812780/timor-leste-public-investment-management-post-conflict-reconstruction-2011-2020-strategic-development-plan http://hdl.handle.net/10986/21327 |
| _version_ |
1764447946403741696 |
| spelling |
okr-10986-213272021-04-23T14:04:01Z Timor-Leste : Public Investment Management from Post-Conflict Reconstruction to the 2011-2020 Strategic Development Plan Rab, Habib Petrie, Murray ACCOUNTING ALTERNATIVE FINANCING APPROPRIATIONS APR ASSETS AUDITED FINANCIAL STATEMENTS BENEFICIARIES BIDDERS BINDING CONSTRAINT BUDGET CONSTRAINT BUDGET EXECUTION BUDGET PROCESS BUDGET REVIEW BUDGETING BUSINESS ACTIVITY BUSINESS ASSOCIATION CAPACITY CONSTRAINTS CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL PROJECTS CAPITAL STOCK CHAMBER OF COMMERCE CIVIL LAW COMMUNITY DEVELOPMENT COMMUNITY DEVELOPMENT INITIATIVES CONTRACT AWARDS CORRUPTION COURT OF APPEALS DECENTRALIZATION DEPENDENT DEVELOPING COUNTRIES DEVELOPMENT BANK ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC RECOVERY ELECTRICITY ELIGIBILITY CRITERIA ENROLMENT RATES ENTREPRENEURS EQUIPMENT EQUITY INTEREST EXPENDITURES FINANCIAL CAPACITY FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL PERFORMANCE FISCAL POLICY FUNDING SOURCES GLOBALIZATION GOVERNMENT BUDGET GOVERNMENT POLICY HOUSEHOLD ACCESS HOUSEHOLD INCOME HOUSEHOLDS HOUSING HUMAN RESOURCE INFORMATION SYSTEM INFORMATION SYSTEMS INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INSTRUMENT INTERNAL AUDIT INTERNATIONAL FIRMS INVESTMENT MANAGEMENT INVESTMENT NEEDS INVESTMENT PLAN INVESTMENT PLANS INVESTMENT PROGRAM INVESTMENT PROGRAMS INVESTMENT PROJECTS INVESTMENT PROPOSALS JUDICIAL AUTHORITY JUDICIAL BODY LABOUR FORCE LABOUR FORCE SURVEY LACK OF INFORMATION LEGAL FRAMEWORK LICENSES LIVING STANDARDS LOCAL BUSINESSES MANDATES MARKET FAILURES NATURAL DISASTERS OIL PRICE OWNERSHIP INTEREST PAYMENTS SYSTEM PERPETUITY PHYSICAL CAPITAL PORTS POST-CRISIS PERIOD PRIVATE SECTOR PROCUREMENT PROCUREMENT LAW PROCUREMENT PROCEDURES PROCUREMENTS PROVISIONS PUBLIC PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC SPENDING PUBLIC WORKS QUALITY OF ASSET REAL RATE OF RETURN RECEIPTS REFERENDUM REVENUE MANAGEMENT ROADS SALARIES SAVINGS SCHOOL BUILDINGS SCHOOL FACILITIES START-UP STATEMENTS TAX TAX PAYMENTS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TENDERING TENDERS TRANSPARENCY TREASURY TRUST FUNDS VOUCHERS WAGES WARRANTS WITHDRAWAL This chapter captures some of the Public Investment Management (PIM) lessons and experiences from Timor-Leste as it tried to meet urgent infrastructure demands in a post-conflict environment, which benefited from a surge in petroleum receipts. It looks at institutional changes using standard features of Public Investment Management systems starting from the immediate post-independence period in 1999 right up to the launch of Timor-Leste s Strategic Development Plan in July 2011. Increased control over domestic resources over this period, thanks to the onset of natural resource rents, gave the government more autonomy over prioritization and management of capital expenditure. It also enabled use of the Capital Budget to pursue multiple objectives including consolidating social stability, stimulating economic activity outside Dili, delivering quick results to address urgent infrastructure needs, and growth of the domestic private sector. The chapter tries to highlight some of the trade-offs that the PIM system faced in trying to meet these different objectives. It finally looks at some of the institutional reforms that the government embarked on in 2011 when the focus was shifting to large investments for long-term growth. This included centralizing selected PIM functions for large projects and decentralizing those functions for smaller projects. 2015-01-21T20:31:10Z 2015-01-21T20:31:10Z 2011-01 http://documents.worldbank.org/curated/en/2011/01/23812780/timor-leste-public-investment-management-post-conflict-reconstruction-2011-2020-strategic-development-plan http://hdl.handle.net/10986/21327 English en_US The Power of Public Investment Management; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Investment Review South Asia Timor-Leste |