Since gaining independence in May 2002, Timor-Leste has made gains in poverty reduction and improved social outcomes. The nation continues to face challenges, with economic stability reliant on Government spending in the short-term and revenues from natural resources.
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October 5, 2015 — East Asia remains one of the main growth drivers of the world economy, accounting for nearly two-fifths of global economic growth. Overall, the region is expected to grow 6.5% in 2015.
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