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    25 of February of 2021Federal Reserve Bank of New York is a Trusted Partner of Timor-Leste

    Central Bank of Timor-Leste
    Eighth Constitutional Government
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    February 24, 2021
    Press Release
    Federal Reserve Bank of New York is a Trusted Partner of Timor-Leste 
    The Governor of Banco Central de Timor-Leste (BCTL), Mr Abraão de Vasconselos, said today that the BCTL had been following the public news circulating in Timor-Leste regarding the government’s access to the Petroleum Fund account held at the Federal Reserve Bank of New York. He said that some of the news had suggested the Federal Reserve or the Government of the United States of America had been preventing the Government of Timor-Leste from accessing the Petroleum Fund account.
    Mr Vasconselos clarified that the news was completely unfounded and had no basis in fact. He further clarified that the account at the Federal Reserve Bank of New York is the State of Timor- Leste’s fund and registered in the name of the BCTL where the relationship between the BCTL and the Federal Reserve Bank of New York is managed. The Law provides the Government has only one account at the BCTL. Whenever the Government wishes to withdraw money from the Petroleum Fund, the Minister of Finance simply sends a withdrawal instruction to the BCTL after all other political processes have been completed and published in the Journal da Republica while the remaining process with the Federal Reserve is the competence of the BCTL. The BCTL has never been prevented from accessing the Petroleum Fund account at the Federal Reserve, nor has the Federal Reserve ever indicated that it intended to take such action.
    The Governor said that the actual situation was quite the opposite. The Federal Reserve has been and continues to be a valuable and trusted partner that has supported the BCTL in the management of the Petroleum Fund account since the inception of the Petroleum Fund in 2005. He said that since 2001 Timor-Leste has had an excellent relationship with the Federal Reserve, which has faithfully executed all valid instructions received from BCTL relating to the Petroleum Fund and other bank accounts.
    Finally, Mr Vasconselos requested that the public and media should cease circulating the rumours and in future the public and the media should check the facts with the Central Bank or the Minister of Finance before repeating unfounded rumours about the Petroleum Fund’s management. END
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    24 of February of 2021Meeting of the Council of Ministers on February 24th, 2021
    Analysed

    1 - Coordination Committee for the Implementation of Industrial Parks;

    2 - proposal to reform the Bolsa da Mãe program, through the pilot project “Preparasaun ba Jerasaun Foun” (Preparation for the New Generation).
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    19 of February of 2021Meeting of the Council of Ministers on February 19th, 2021
    Approved:

    1 - Second Amendment to Law No. 11/2009, of October 7, on Administrative Division of the Territory;

    2 - Request to renew the state of emergency.



    Analyzed:

    1 - political-legislative options underlying the legislative project for the creation of a financial guarantee for the Credit Line “Higher Education Quality +”.
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    16 of February of 2021Day Off on February 17th for the celebration of “Ash Wednesday”
    Day Off on February 17th for the celebration of “Ash Wednesday”
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    15 of February of 2021Extraordinary Meeting of the Council of Ministers of February 15th, 2021
    Approved:

    1 - National vaccination plan against COVID-19;

    2 - Health fence in the municipalities of Bobonaro and Covalima.
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    11 of February of 2021Tolerance Day-Off on the Occasion of the Celebration of the Chinese New Year
    Day-Off on February 12th on the Occasion of the Chinese New Year Celebration
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  • 10 of February of 2021Meeting of the Council of Ministers on February 10th, 2021
    Presidency of the Council of Ministers
    Eighth Constitutional Government
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    Press Release
    Meeting of the Council of Ministers on February 10th, 2021 
    The Council of Ministers met, at the Government Palace, in Dili, and approved the Government Decree draft that creates the Municipal Portal and establishes the general rules for its operation, presented by the Minister of State Administration, Miguel Pereira de Carvalho.
    This Government Decree draft had already been subject to deliberation at the Council Ministers’ meeting, on February 12th, 2020, however, due to the introduction of substantial changes in the final drafting phase, it become necessary to submit it a new deliberation of the Council of Ministers.
    The Municipal Portal consists of a permanent repository of the various information relating to each municipality, of public and free access,  containing data and information on the goods and services provided by the bodies and services of the Local Public Administration, on public investments made in each Municipality, or several surveys and statistics from various public institutions.
    The Minister of State Administration also presented three Government Resolution drafts, which were approved by the Council of Ministers, for the appointment of Abel da Conceição as Administrator of the Municipality of Aileu, Leovigildo Amaral Pereira as Administrator of the Municipality of Ainaro, and Francisco de Andrade as Administrator of the Municipality of Covalima. The three nominee  will serve on secondment service basis for a five years term.
    It was also approved the Law Proposal draft on the organization and functioning of the courts, presented by the Minister of Justice, Manuel Cárceres da Costa, which had also been subject to deliberation on October 28th, and that, due to substantial changes in its final wording, needs review.
    This Law Proposal draft refers to the organization and functioning of the Supreme Court of Justice, creating conditions for, once meeting career judges with sufficient experience and number, to proceed to its installation. Until that moment, their duties continue to be carried out by the Court of Appeal.
    It is also proposed to approve the legal framework that will allow the future installation of administrative and fiscal jurisdiction, which is responsible for judging the appeals of decisions of State bodies, as well as other administrative and tax disputes.
    The nature of the current district courts, as courts of common jurisdiction is reiterated, with the possibility of splitting this courts of common jurisdiction into specialized jurisdiction’s courts: in civil and criminal matters, and also whenever the volume and complexity of the cases committed to a specific judicial court of first instance justifies it, to jurisdictions specializing in matters of family and minors.
    The Council of Ministers approved the first amendment, proposed by the Prime Minister, Taur Matan Ruak, to Government Decree No. 3/2021, of January 29th, on the measures for implementing the declaration of the State of Emergency made by the Decree of the President of the Republic  6/2021, of January 27th.
    With this amendment, the prior authorization for foreigners to enter national territory through land border posts is now provided by the Minister of the Interior, after an opinion by the Minister of Health.
    The need for the authorization of entry of foreigners, through the land border, to be concentrated in the unique Government body responsible for the migration service, is related to the current requirements to intensify control of Timor-Leste’s international land borders and to guarantee better coordination between the government departments that are responsible for the management of the places of compliance with the prophylactic isolation period (“quarantine”), and migration services, which are responsible for monitoring  the legality of the entry of individuals into national territory.
    The Government Resolution draft on the donation to the Permanent Representation of the Saharawi Arab Democratic Republic, proposed by the Minister of Foreign Affairs and Cooperation, Mrs Adaljiza Albertina Xavier Reis Magno, was approved by the Council of Ministers.
    This measure reinforces the historical ties that unite Timor-Leste and the Saharawi Arab Democratic Republic, based on the common desire to fight for self-determination, on the principle of solidarity with the peoples’ struggle for national liberation and  on the right to their self-determination and independence, present in the Constitution of the Republic, in the Resolution of the National Parliament of solidarity and support for the Saharawi people, and in the fact that Timor-Leste has contributed, since 2011, to the functioning of the Permanent Representation in Dili, through the granting of an annual subsidy for the exercise of its activities in Timor-Leste and the region.
    The Minister of State Administration presented the political and legislative options underlying the project relating to the sixth amendment to Law no. 7/2006, of December 28th, on the Electoral Law for the President of the Republic. Given the upcoming presidential elections, the options presented are aimed at adapting to the current situation, in the context of the COVID-19 pandemic, and at strengthening capacity to better respond to citizen’s needs. It is therefore intended to reinforce the formal requirements for candidacy, to clarify and organize the electoral process and to facilitate the conditions for the exercise of citizens voting rights.
    The Vice Prime Minister and Minister for Social Solidarity and Inclusion, Armanda Berta dos Santos and the Interministerial Committee for the Elaboration and Coordination of the Execution of the Vaccination Plan against COVID-19 gave a presentation on the COVID-19 national vaccination plan. This Plan will be re-examined at later meeting of the Council of Ministers.
    Lastly, the Minister of the Presidency of the Council of Ministers, Fidelis Manuel Leite Magalhães, gave a presentation on the normative framework of the remuneration regime applicable to the indirect administration of the State. Given that  there is no general legal regime, in the national legal system, that determines the remuneration for the exercise of duties of the holders and members of the State’s indirect administration bodies, this normative framework aims to avoid loopholes and harmonize the remuneration regime of the bodies of the indirect administration of the State. END
     
     
     
     
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    03 of February of 2021Meeting of the Council of Ministers on February 3rd, 2021
    Analysed:

    1 - Political and legislative options underlying the draft of the Programme "HAFOUN ALDEIA" Movement.
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