Third Transition Support Program

closed

Closed

The rationale for the Transition Support Program (TSP) is to provide bridging finance that will allow Timor-Leste to put in place key governance institutions, strengthen institutions, develop day-to-day service functions and implement a modest development program in the lean years before substantial oil and gas revenues come on stream. The program focuses on the development of institutions and the delivery of public services that are critical for a stable transition to Independence and the effective use of future oil and gas wealth. On the basis of the Government's FY2005 budget submissions, budgetary and balance of payments support financing requirements for FY2005 are estimated at US$31 million, which should be fully covered by IDA and TSP partners' co-financing. The Transition Support Program (TSP) presents a sub-set of the highest priority actions drawn from the Government's strategic planning instruments (notably the National Development Plan, sector policies and Sector Investment Programs) and reflected in agencies' FY2005 Annual Action Plans (AAPs) and budgets. In consultation with Ministry of Planning and Finance (MOPF), Government agencies identified their TSP priorities, together with quarterly milestones and performance targets to guide implementation.

FY17 - Agriculture, Fishing and Forestry,FY17 - Education,FY17 - Health,FY17 - Public Administration

World Bank Group

Project

Oil and Gas, Commercial, Raw Materials, Government, Education