An online petition opposes the plan of the East Timor government to obtain foreign loans next year. East Timor is urged to learn from the mistakes of other developing countries whose economies were crippled by huge foreign debt.
Written byMong Palatino
1 comment
Thanks for bringing attention to the petition opposing borrowing by Timor-Leste. The National Parliament is currently debating the 2012 budget which proposes borrowing, making this especially timely.