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"We do have some assistance from the World Bank but not from the IMF. We are not borrowing yet, but we are considering, in the future, borrowing from the Kuwait Fund to support our infrastructure development."
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Explore more quotes by Jose Ramos Horta
"In the case of Iraq, notwithstanding the violence there at the moment, the very fact that a hideous regime - responsible for genocide, for the use of chemical and biological weapons, aggression against two neighbors - has been removed in itself is a positive development."
"We have already significant sums of money in our petroleum fund, a fund created by law that includes all the revenues received from the Timor Sea, and invests in conservative, safe, long-term investment portfolios - right now in US Treasury Bonds."
"Working together, they will dig out the truth and nothing but the truth about what happened in '99, to assign responsibility, and to look at the institutional failings."
"The Commission has five commissioners from each side, plus three alternates, so all together sixteen members, people who are independent from the two governments, who have a lot of integrity, professional competence, and who have credibility in their respective countries."
"The second one, the joint Truth and Friendship Commission, which we started now with Indonesia, that is the one that has been criticized; its terms of reference call for providing amnesty for those who cooperate in telling the truth. It does not lead to prosecution."
"We do not have a budget support. We are now fully independent in terms of requirements, but we still have a need for development assistance separate from the budget. So all the economic aid we receive is for development assistance."
"Such a structure would also raise a number of problems: first of all, which Timorese to pay compensation to? It would open a can of worms in terms of who was really a victim and who was not."
"The government can access these funds but only following approval by the parliament to support our budget requirements and investments in infrastructure development, education, public health, and so on."
"It would be a mind-boggling endeavor to try to identify each individual who claims to have been a survivor of victimization during this period of 24 years."
"The East Timorese government does not believe that we should consider compensation for the victims because there are tens of thousands of people who were, in one way or another, affected by the violence either directly or indirectly."
Exlpore more Development quotes
"If a person refuses to develop his potential, it can lead to nervous or mental disorders, somatic diseases and personal degradation."
"There is an hidden energy in a child that works in all areas of growth and development."
"You must live a life of self-consciousness always."
"The years nineteen and twenty are a crucial stage in the maturation of character, and if you allow yourself to become warped when you're that age, it will cause you pain when you're older."
"The tallest trees sometimes grow from the smallest seeds."
"A continuous growth, a steady growth is a demand of life."
"For the development of India. the development of eastern India is essential"
"There is always the exceptional child, but the average tells us that the child is largely what the home has made him."
"The higher the proportion of adults with low literacy proficiency is, the slower the overall long-term GDP growth rate is."
"Walk and learn from the people that inspire you to do great things."
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