iklan

BUSINESS, HEADLINE

Timor-Leste’s petroleum fund rises to US$18.95 billion in 3rd quarter

Timor-Leste’s petroleum fund rises to US$18.95 billion in 3rd quarter

Image Special

DILI, 07 November 2025 (TATOLI) – Timor-Leste’s Petroleum Fund rose to US$18.95 billion in the third quarter, an increase of US$210 million compared to the previous quarter, when the fund stood at US$18.74 billion, according to the Central Bank of Timor-Leste (BCTL).

BCTL Governor Hélder Lopes said that total capital inflows amounted to US$6.37 million, while the fund’s investment income reached US$557.92 million, including US$141.95 million in dividends and interest and US$415.97 million from market value movements.

He explained that the fund’s portfolio achieved a return of 3.05%, slightly above its benchmark return of 3.02% for the same period.

During the quarter, outflows from the fund totaled US$355.78 million, of which US$351.95 million was transferred to the Treasury Account to finance the General State Budget (GSB), while US$3.83 million covered operational management costs.

Lopes added that since the Petroleum Fund’s establishment, total revenue has reached approximately US$25.27 billion, with US$11.78 billion generated from investment returns in financial markets — representing an average annual return of 4.66%.

 

Jornalista: Ivonia da Silva
Editora: Isaura Lemos de Deus
Translation: Camilio de Sousa

iklan
iklan

Leave a Reply

iklan
error: Content is protected !!