Master Plan

Master Plan

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Publications > Key Publication > Master Plan
In 2013-14, BCTL lead the preparation of a Master Plan for Financial Sector Development in Timor-Leste. The Master Plan was officially launched by the Governor of BCTL, Mr Abraão de Vasconselos

The Master Plan provides a comprehensive road map for the development of the financial sector over the decade to 2025. It commences with a stock-take of the financial sector as it was in late 2013. From that starting point, the Master Plan sets out some principles that underpin financial development, and provides an agenda to be progressed over the next decade or so. Particular attention is given to achieving greater financial inclusion, and to developing the capacity in Timor-Leste of the providers, users and regulators of financial services.

The Master Plan also sets out an implementation agenda, spanning the short-term (2014-2015), medium-term (2015-2020) and longer-term (2020-2025). BCTL will be monitoring progress in implementing the Master Plan, including by way of publication of an annual Financial System Report, commencing in 2015.

The Master Plan for Financial Sector Development in Timor-Leste can be accessed from the menu to the left side of this page. [The full document is available as a pdf file and individual chapters can be accessed in html format.]