In May 2002, Timor-Leste (formerly known as East Timor) gained independence. Its economy continues to grow rapidly resulting in poverty reduction and improved social outcomes. Read More »
* For active and closed projects, the commitment amount at Board approval is shown in US$ millions. This does not reflect any cancellations. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.