BACK DOOR Newsletter on East Timor .........home ...... Oct news

"The East Timorese Council of Ministers today approved the creation of two new institutions, a Foundation for the Reduction of Poverty in East Timor and a Society for Micro-finance in East Timor, following agreements between UNTAET and the Asian Development Bank (ADB) signed in December 2000." United Nations Transitional Administration in East Timor
See also: BD: Financing Reconstruction in East Timor / Fundu Ba Rekonstrusaun Timor Loro Sa’e / Bantu uang: Rékonstruksi

Bahasa Indonesia: Jun 20 AID/WATCH: Proposal Microfinance dari ADB  Artikel

UNITED NATIONS TRANSITIONAL ADMINISTRATION IN EAST TIMOR

Dili, 24 October 2001

TWO NEW INSTITUTIONS TO FIGHT POVERTY APPROVED

The East Timorese Council of Ministers today approved the creation of two new institutions, a Foundation for the Reduction of Poverty in East Timor and a Society for Micro-finance in East Timor, following agreements between UNTAET and the Asian Development Bank (ADB) signed in December 2000.

The decision came after an ADB briefing to the Council on a micro-finance project that aims at developing East Timor and reducing its poverty.

The Council of Ministers however formally recommended that there be a larger proportion of East Timorese members on the Board of Trustees than proposed by the ADB.

The Council will now recommend to Transitional Administrator Sergio Vieira de Mello that these institutions be brought into being by Executive Order.

In addition, the Council of Ministers also approved the programs and structures of the Ministries of Heath; Education; Culture, Youth and Sports; Finance and Transports and Communications. The Minister for Foreign Affairs also presented its organizational chart, which was approved.  Today’s fifth formal meeting of the Council of Ministers of the Second Transitional Government was chaired by Senior Minister for Foreign Affairs and Cooperation José Ramos-Horta, who is the interim Chief Minister. Mari Alkatiri is currently in Portugal for an official visit before travelling to New York to participate in the open session of the United Nations Security Council on East Timor on 31 October.


See also:

Bahasa Indonesia:
Jun 20 AID/WATCH: Proposal Microfinance dari ADB
Artikel ditambahkan tanggal 27 Juli
"Pengelolaan ADB (Asian Development Bank) tentang proyek pengembangan Microfinance untuk Timor Lorosae adalah sebuah pemahaman yang minim dan rencana mundur. Sewaktu batas kredit untuk Timor Lorosae non profit credit union (koperasi simpan pinjam) diterima dengan tangan terbuka, usulan dari Microfinance Bank merupakan sebuah lembaga tidak mengakar yang bertujuan untuk mengenakan bunga yang sangat tinggi dari "yang termiskin dari kelompok miskin" " Dr Tim Anderson, Campaigner, AID/WATCH

BD: Financing Reconstruction in East Timor / Fundu Ba Rekonstrusaun Timor Loro Sa’e / Bantu uang: Rékonstruksi - A collection of recent reports and articles


BACK DOOR Newsletter on East Timor .........home ...... Oct news
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