Dili, April 27 (AseanAll)  — President of the Republic of Timor-Leste, J. Ramos-Horta, received André Roncaglia, the Executive Director at the International Monetary Fund (IMF), on April 27, 2026 at the Nicolau Lobato Presidential Palace in Dili,Timor-Leste. 

The meeting focused on navigating the economic shocks resulting from the conflict in the Middle East and strategies to sustain Timor-Leste’s positive growth. Roncaglia commended the nation’s economic performance, noting that the non-oil sector continues to grow while inflation remains low compared to regional peers.

The discussions emphasized the importance of diversifying the national economy and building resilience to protect the most vulnerable members of society. The IMF reaffirmed its dedication to supporting Timor-Leste’s development path by strengthening institutional frameworks and enhancing the financial system. This collaboration aims to boost private sector investment through safe credit practices, ensuring that economic progress translates into improved living standards and welfare for all citizens.

Highlighting the Fund’s vision for the nation, Roncaglia stated: “The IMF wants to be a close partner with Timor-Leste; wants to help the country build its institutional framework, help the financial system, and provide more credit to the economy in a safe way to boost investment from the private sector.” 

Moving forward, the IMF and the Presidency intend to promote deeper engagement to ensure a stable, inclusive, and productive economic future for Timor-Leste.