Consolidation Support Program Policy Grant

closed

The proposed Consolidated Support Program for Timor-Leste will reflect a projected increase in overall combined sources expenditure, which will result in higher aggregate demand and stepped up job creation, which are much-needed in Timor-Leste's stagnant non-petroleum economy. The program will continue to focus on the same thematic areas supported by preceding operations, with the proposed addition of infrastructure --in particular, of roads, water, and electricity-- under the service delivery component. Therefore, the program will support the long-term improvement of the supply side of the economy by strengthening service delivery in the human development and infrastructure areas while also providing a short-term stimulus to the demand side. The program's focus on governance, moreover, will strengthen the institutional framework and external accountability mechanisms that are essential to growth and poverty-reduction. The program will follow four principles of engagement, which are consistent with the Country Assistance Strategy for Timor-Leste: deepening the results orientation, fostering transparency and communications, building institutional capacity, and strengthening partnerships.