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Sustaining Timor-Leste’s Economy amid the oil depletion: The coffee sector holds potential
Timor-Leste’s current oil reserves, which account for over 95% of total exports, are expected to run out within the next decade. While new exploration is underway, results will take years to materialize. Until then, the country must develop alternative sectors to avoid the deterioration of its already fragile economy. This policy brief brings attention to the potential of the coffee industry and discusses how Timor-Leste can generate income by capitalizing on its unique “Timor-hybrid” coffee variety, rising global coffee prices, and robust regional demand for coffee. However, the low productivity among coffee trees remains the key constraint. To address this, building on the government’s existing initiatives, this policy brief recommends: (1) scaling up coffee tree rehabilitation efforts based on the 2019’s long-term development plan, (2) strengthening policies to mobilize private sector investments, and (3) leveraging the global and regional support mechanisms to access technical expertise in coffee production.
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