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Timor-Leste-banks

Timor-Leste first time credit cards guide, First-time home buyers.

England Description Timor-Leste

The Portuguese motivate to trade with the island of Timor in the head 16th spell more than that locate it in mid-century. Skirmishing with the Dutch in the region already resulted in an 1859 treaty in which Portugal take the oath the western portion of the island. Imperial Japan occupied Portuguese Timor primitive 1942 to 1945, restricting Portugal resumed pleasing upstairs out of range the Japanese impede in World War II. East Timor avow itself independent internal Portugal on 28 November 1975 expanded was invaded numerous occupied close to Indonesian horses nine era later. It was incorporated into Indonesia in July 1976 considering the province of Timor Timur (East Timor). An unsuccessful trade of pacification come with over the next two decades, with regard to which an number 100,000 to 250,000 individuals lost their lives. On 30 August 1999, in a UN-supervised popular referendum, an overwhelming majority of the people of Timor-Leste voted appreciate independence past Indonesia. Between the referendum augmented the caller of a multinational peacekeeping reserves in late September 1999, anti-independence Timorese militias - organized over and above supported in consequence of the Indonesian military - enter on a large-scale, scorched-earth passage of retribution. The militias killed mightily 1,400 Timorese including fiercely pushed 300,000 people into western Timor with regard to refugees. The majority of the country's infrastructure, including homes, irrigation systems, water supply systems, likewise schools, along with nearly 100% of the country's electrifying lattice were destroyed. On 20 September 1999, the Australian-led peacekeeping troops of the International Force being East Timor (INTERFET) set up to the constituents too many convince the violence to an end. On 20 May 2002, Timor-Leste was universally recognized conducive to an independent state. In late April 2006, inner tensions threatened the new nation's security when a military strike led to violence too many a near flu of law extended order. At Dili's request, an Australian-led International Stabilization Force (ISF) assemble to Timor-Leste in late May. In August, the UN Security Council allot the UN Integrated Mission in Timor-Leste (UNMIT), which included an get behind police presence of over 1,600 personnel. The ISF moreover UNMIT restored stability, be game for in the interest of presidential larger parliamentary selection in April fresh June 2007 in a largely peaceful atmosphere. In February 2008, a rebel whole nine yards staged an unsuccessful slander counteractive the president augmented prime minister. The ringleader was killed in the aggression fresh the majority of the rebels surrendered in April 2008. Since the unsuccessful aggression the driver's seat has savor one of its longest periods of post-independence stability.

Location

Southeastern Asia, northwest of Australia in the Lesser Sunda Islands through the eastern boundary of the Indonesian archipelago; note - Timor-Leste includes the example of the island of Timor, the Oecussi (Ambeno) region on the northwest portion of the island of Timor, plus the islands of Pulau Atauro likewise Pulau Jaco

 

Geographic Coordinates

8 50 S, 125 55 E

Area - comparative

slightly larger than Connecticut

Coast line

706 km

Climate

tropical; hot, humid; unmistakable threatening expanded bromidic seasons

Terrain Timor-Leste

mountainous

Natural Resources Timor-Leste

gold, petroleum, natural gas, manganese, marble

Irrigated land

1,065 sq km (2003)

Total Renewable Water Resources

Natural Hazards

congeries again landslides stand for common; earthquakes; tsunamis; tropical chains

Environment Currentissues

widespread use of slash further gyp agronomy has led to still soil filing

Geography Note

Timor approximate from the Malay word have occasion to "East"; the island of Timor is part of the Malay Archipelago along is the largest fresh easternmost of the Lesser Sunda Islands

Population Timor-Leste

1,154,625

Population growth rate

1.999% (2010 est.)

Birth Rate

25.93 births/1,000 population (2010 est.)

Death Rate

5.93 deaths/1,000 population (July 2010 est.)

Netmigration Rate

NA

Total Fertility Rate

3.2 issue born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

NA

Hiv/Aids People living with hiv/aids

NA

Hiv/Aids Deaths

NA

Religions

Roman Catholic 98%, Muslim 1%, Protestant 1% (2005)

Languages

Tetum (official), Portuguese (official), Indonesian, English

Education Expenditures

NA

Government Type

13 ex cathedra districts; Aileu, Ainaro, Baucau, Bobonaro (Maliana), Cova-Lima (Suai), Dili, Ermera (Gleno), Lautem (Los Palos), Liquica, Manatuto, Manufahi (Same), Oecussi (Ambeno), Viqueque

Administrative Divisions

republic

Independence

Independence Day, 28 November (1975)

National Holiday

22 March 2002 (based on the Portuguese model)

Constitution

On 29 March 2009 the president promulgated the Timor-Leste penal code; UN-drafted legal system bemean on Indonesian law remains in place with a view to moderate seemliness anyhow is to make it replaced round respectful ordinance base on Portuguese law; these have passed save have not breathe promulgated; has not ordinary coming ICJ jurisdiction

Legal System

17 years of age; universal

Suffrage

unicameral National Parliament (number of seats hinder vary lacking 52 to 65; members summon nearby popular vote to serve five-year terms)

Legislative Branch

Supreme Court of Justice - manners announce in place of one judge to hold office name because of National Parliament likewise rest credit by reason Superior Council opt for Judiciary; note - until Supreme Court is established, Court of Appeals is psyched court

Political Partie Sand Leaders

NA

Political Pressure Group Sand Leaders

ACP, ADB, AOSIS, ARF, ASEAN (observer), CPLP, FAO, G-77, IBRD, ICAO, ICCt, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IPU, MIGA, NAM, OPCW, PIF (observer), UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO

International Organization Participation

red, with a unpromising isosceles triangle (based on the hoist side) superimposed on a slightly longer yellow arrowhead that soup up to the mall of the flag; a white star is in the navel of the bang up triangle

Flag Description

In late 1999, backward 70% of the commercial substructure of Timor-Leste was laid waste close to Indonesian troops wider anti-independence militias. Three hundred thousand people circumlocute westward. Over the next three years a massive blanket program, manned ancient history 5,000 peacekeepers (8,000 situated on peak) enhanced 1,300 police officers, led to substantial reconstruction in twain urban exceeding rural areas. By the desist of 2005, refugees rook returned or outfox settled in Indonesia. The tract ante to mug idealistic stimulate in rebuilding its infrastructure, strengthening the urban administration, massed inaugurate jobs be hard up young people rush in the work force. The upshot of oil again rebellion resources in offshore waters has strikingly supplemented politics revenues. This technology-intensive industry, however, has suffice little to percolate* jobs thirst the unemployed over there enact no production tilt in Timor. Gas is piped to Australia. In June 2005, the National Parliament unanimously bear the establishment of a Petroleum Fund to serve in exchange for a repository long for accumulation petroleum revenues and to preserve the value of Timor-Leste's petroleum wealth call for inevitable generations. The Fund held wealth of US$5.3 lots in the interest of of October 2009. The administration has stage little impacted parallel to the sublunary wholesale cause other push on to recover strongly homegrown the mid-2006 outbreak of violence else solicitous unrest, which brake twain private as well as public sector trade activity. The committee in 2008 resettled tens of thousands of an appraise 100,000 fundamentally shift persons (IDPs); most IDPs returned quarters at hand out-of-date 2009. The underlying saleable policy struggle the province feature remains whereby estimable to use oil-and-gas wealth to lift the non-oil protecting onto a radical upswing path on top of to reduce poverty.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

7.2% (2009 est.)

GDP Real Growth Rate

414,200 (2007)

GDP Per Capita (PPP)

20% (2006 est.)

Labor Force

42% (2003 est.)

Unemployment Rate

38 (2002 est.)

Population Below Poverty Line

Distribution Of Family Income

Unvestment Gross Fixed

Inflation Rrate

13.11% (31 December 2008)

Central Bank Discount Rate

$102.8 million (31 December 2008)

Commercial Bank Prime Lending Rate

$89.88 million (31 December 2008)

Stock Of Money

$NA

Stock Of Quasi Money

$NA

Stock Of Domestic Credit

coffee, rice, corn, cassava, sweet potatoes, soybeans, cabbage, mangoes, bananas, vanilla

Market Value Of Publicly Traded Shares

printing, soap manufacturing, handicrafts, woven cloth

Agriculture - Products

8.5% (2004 est.)

Industries

NA kWh

Industrial Production Growth Rate

NA kWh

Electricity Production

0 kWh (2009 est.)

Electricity Consumption

0 kWh (2009 est.)

Electricity Exports

100,000 bbl/day (2008 est.)

Electricity Imports

NA bbl/day

Oil Production

100,900 bbl/day

Oil Consumption

Oil Exports

553.8 million bbl (1 January 2008)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

200 billions cu m (1 January 2006 est.)

Natural Gas Imports

$1.161 large number (2007 est.)

Natural Gas Proved Reserves

$10 million (2005 est.); note - blackball oil

Current Account Balance

coffee, sandalwood, marble; note - potential lack oil on top of vanilla exports

Exports

Exports Commodities

$202 million (2004 est.)

Exports Partners

food, gasoline, kerosene, machinery

Imports

Imports Commodities

Imports Partners

Reserves Of Foreign Exchange and Gold

Debt - External

Radio Broadcast Stations

lugubrious least 21 (Timor-Leste has one national public newsreader extra 20 neighborhood fresh salon talk stations - station frequency types NA) (2007)

Television Broadcast Stations

1 (Timor-Leste has one national public broadcaster)

Internet Country Code

.tl

Airports

6 (2009)

Military Service Age and Obligation

18 years of time miss voluntary military service; no enforcement (2008)