Buoyed by around US$17 billion of oil and gas revenues, East Timor's economy is no longer a basket case. Photo: AFP
Buoyed by around US$17 billion of oil and gas revenues, East Timor's economy is no longer a basket case. Photo: AFP
Macroscope

Oil rich East Timor weighs the risks of ditching the US dollar

With the country's fragile prosperity built on the US dollar, experts warn that introduction of its own currency could make or break the economy

Buoyed by around US$17 billion of oil and gas revenues, East Timor's economy is no longer a basket case. Photo: AFP
Buoyed by around US$17 billion of oil and gas revenues, East Timor's economy is no longer a basket case. Photo: AFP
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