East Asia/Southeast Asia :: Timor-Leste — The World …

Timor-Leste compensated for the decline in price by exporting more oil. The Ministry of Finance maintains that the Petroleum Fund is sufficient to sustain government operations for the foreseeable future. Annual government budget expenditures increased markedly between 2009 and 2012 but dropped significantly through 2016. Historically, the …

: https://www.cia.gov/library/publications/the-world-factbook/geos/tt.html