DILI, 09 february 2021 (TATOLI)—The Bank Central of Timor-Leste (BCTL) launched a trimester report for the 63rd which cover the information from october 01 to december 31 2020.
The report indicates the capital fund post slight rise to $18.99 billion compare to the previous trimester the fund was $18.47 billion.
“The capital inflows for the three months to December 31 totaled $35,78 million coming from taxpayers’ contributions $27.41 million and oil royalties which is $8.37million,” according to the document from the BCTL.
The trimestral revenue for the end of 2020 was $35.78, million compare to the anterior trimestral cover from July 1 to September 30 2020 which was $43.53 million and the total fund was $18.47billion.
In spite the total of investment revenue is $958.45, million compose of $73.37 million credit slips and the fees.
The value of the exchange was $885,58 milliom and the change movement rate losses with the total of -$0.50 million for this trimester.
This is to show that the fund revenue for this trimester was 5.21 per cent, slightly up the benchmark for this period (4,69 per cent).
The document also underlines the government spending during this trimester fund was $471.69 million, compose of $466.80 million transferred to the State General Budget and $4.859 million covers the management fees.
The trimester revenue totaled $431.69 million and the portfolio revenue for this period 5.21% compare to the income reference 4.69%.
noted: an earlier version of this article contained a punctuation error in reporting some financial figures. This has been corrected”
Journalist: Florêncio Miranda Ximenes
Editor: Julia Chatarina/Nick Kettle
