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Table 2.5.3.2: Infrastructure Fund Expenditures by Program m
2015 Budget
2016 2017
2018 2019
Total Infrastructure excluding loans 364.0
659.6 617.3
331.1 183.5
Agriculture and Fisheries 7.2
15.1 12.2
8.5 2.3
Water and Sanitation 5.6
23.0 21.3
17.2 5.5
Urban and Rural Development 9.6
3.5 2.0
0.0 0.0
Public Buildings 17.5
56.8 51.1
34.7 10.3
Financial Sector 19.6
15.3 12.1
6.5 0.0
Youth and Sport 2.8
6.3 5.6
4.5 1.1
Education 8.0
42.7 47.7
25.7 11.5
Electricity 58.1
22.9 2.3
0.0 0.0
Information Technology 1.4
1.6 0.0
0.0 0.0
Millennium Development Goals 11.0
55.5 36.5
10.0 0.0
Health 4.0
5.4 2.9
0.5 0.0
Security and Defense 12.5
32.9 24.6
13.6 3.8
Social Solidarity 0.0
0.0 0.0
0.0 0.0
Tasi Mane Project 37.6
86.0 155.0
112.0 40.0
Roads 59.8
117.6 65.1
17.0 1.9
Bridges 9.8
7.0 6.9
0.7 0.0
Airports 19.0
74.6 88.2
55.2 102.5
Ports 8.9
46.4 44.7
10.8 0.0
Oecussi Development 62.5
41.1 33.4
10.9 1.2
Tourism Sector 1.0
2.5 2.2
0.0 0.0
Preparation, Design and Supervision of New Projects 8.2
3.5 3.5
3.5 3.5
Source: Major Project Secretariat
2.5.4: Human Capital Development Fund
The HCDF is the second of the two special funds set up by the Government in 2011. Its function is to provide support for the development of skills across the Timorese population
and it is composed of four major programs: vocational training, technical training, scholarships and other training. Table 2.5.4.1 presents the overall 2015 projections for the
HCDF and breaks them down by program.
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Table 2.5.4.1: Human Capital Development Fund by Program m
2014 Budget
Rollover 2014 to
2015 2015
Additional Appropriati
ons Final
2015
Budget 2016
2017 2018
2019 Total HCDF by
Program
40.0 2.1
30.0 32.1
44.0 44.0
45.0 45.0
Vocational Training
10.1 0.3
9.8 10.1
15.4 15.4
15.9 15.9
Technical Training 4.5
0.1 3.7
3.8 7.3
7.3 7.7
7.7 Scholarships
22.2 1.6
14.3 15.9
17.3 17.3
17.4 17.4
Other Training 3.1
0.1 2.1
2.2 3.9
3.9 4.0
4.0 Source: Secretariat for the HCDF
The total 2015 budget for the HCDF is 32.1 million, which is a 19.7 reduction compared to the 2014 budget. The Government has reviewed and reduced the HCDF budget to ensure
the highest returns for each dollar spent. All four programs have lower budgets for 2015, with the exception of vocational training which will remain the same as in the 2014
budget. The Government plans to conduct an impact assessment of all HCDF programs since 2011 and draft a map of human resources per district. Lower and better executed
expenditures, together with detailed reviews on the progress of different programs will strongly increase
the HCDF s outcomes going forward and provide greater returns towards investment in education and skills in Timor-Leste.
2.5.5: Expenditure on Loan Financed Projects
Expenditure on loan financed projects is presented in table 2.5.5.1, which amounts to 70.0 million in 2015. A detailed description of these projects is presented in section 2.7.
Table 2.5.5.1: Expenditure on Loan Financed Projects m
2014 BB1
2014 F’casted
Actual Rollover
2014 to 2015
2015 Additional
Appropriati ons
Final 2015
Budget 2016
2017 2018
2019
Loan Expenditure
31.1 25.0
6.1 64.0
70.0 194.4
135.5 159.9
50.0 Source: National Directorate of Budget
2.5.6: Development Partners ’ Commitments
