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National Blueprint · One of 195

Timor-Leste

A young nation of 1.4 million whose Petroleum Fund held $18.43 billion at the end of June 2026, about nine times its non-oil economy on IMF figures, while only one household in five cooks with clean fuel.

Perfect Nations values what Timor-Leste owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).

Timor-Leste at a glance

Work with usRead the Letter to Timor-Leste

What we do for Timor-Leste

Assets. Capital. Solutions.

Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.

  1. 01AssetsThe cupFive sovereign assets, valued, from The Petroleum Fund to The Farmland.
  2. 02CapitalThe laurelsOne instrument on record, sourced.
  3. 03SolutionsThe seven starsSeven basic standards of living, star by star. Energy is furthest from reach today.

The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.

01Assets · The cup · Sovereign Assets

Five assets no balance sheet counts.

Each is owned today, earns today, and can carry Timor-Leste toward seven basic standards of living for every citizen.

  • $18.43bnSavings from oil and gas, 30 June 2026

    The Petroleum Fund

    A sovereign fund larger than the economy many times over: the nation’s endowment.

  • 71%Of the land under forest, 2024

    The Forest

    Forest across seven tenths of the land, and coffee grown in its shade.

  • 1.4mCitizens, 2025

    The People

    33.1% are under fifteen: a young nation with its working life ahead.

  • 64%Of export earnings from visitors, 2018

    The Visitors

    Reefs of the Coral Triangle and mountain trails: a visitor economy still to grow.

  • 23%Of the land in agriculture, 2023

    The Farmland

    Land that can feed the nation and earn abroad, valued and financed against its harvest.

Every figure, with its sourceThe Sovereign Assets ledger

02Capital · The laurels · Capital Architecture

A sovereign fund that must outlast the oil.

Bonds, guarantees, swaps and loans that raise capital against what Timor-Leste owns, every line sourced.

Capital Architecture

The record in figures

Capital already committed

  • GovernmentHeldPetroleum Fund of Timor-Leste$18.43bn

    Central Bank of Timor-Leste · Quarterly report, 30 June 2026

    The nation’s savings from oil and gas, invested abroad and drawn on by Parliament for each budget.

    Ministry of FinanceCentral Bank of Timor-Leste

    Source

The Timor-Leste Newswire

The Solutions Wire
Ermelinda Soares, Nation Steward of Timor-Leste

Ermelinda SoaresNation Steward of Timor-Leste · SI Researcher

Already working in Timor-Leste.

Independent firms and social enterprises already at work in Timor-Leste, highlighted by Perfect Nations. None is a partner of Perfect Nations.

Suggest an enterprise

  • The first firms and social enterprises at work in Timor-Leste are being gathered.

    Name one already at work there: it may be highlighted here, with its source.

03Solutions · The seven stars · Perfect Capita

Perfect Timor-Leste, star by star.

Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Timor-Leste in its own prices.

How Perfect Capita works
Timor-Leste: the seven stars of the logo, one for each basic standard of living, rising from the cup; Food is the larger centre star. Each star carries the figure for Timor-Leste.WATER87.3%SHELTER66.1%ENERGY19%FOOD46.3%EDUCATION88.3HEALTH48LIVELIHOOD28.6%
19%
Energy · furthest from reach19% cook with clean fuels and technology; 94.3% have electricityWorld Bank, 2024

Tap a star for its figure and source.

The price of Perfect Timor-Leste

To be set with Timor-Leste, from its own figures and in its own prices: Perfect Capita times the people of Timor-Leste, each year.

Read more
  • Food46.3%Not food insecure; 53.7% are moderately or severely food insecureFAO, 2021
  • Water87.3%Basic drinking water; safely managed water is not measured (lenient)WHO/UNICEF, 2024
  • Shelter66.1%City dwellers outside slums; 33.9% live in slums; safely managed sanitation is not measuredUN-Habitat, 2022
  • Energy19%19% cook with clean fuels and technology; 94.3% have electricityWorld Bank, 2024
  • Education88.388.3% of young people complete lower secondary school; 2020, datedWorld Bank, 2020
  • Health48WHO service coverage indexWHO, 2023
  • Livelihood28.6%Above US$4.20 a day; 71.4% live below it, datedWorld Bank, 2014

Perfect Nations estimate, to be confirmed with Timor-Leste. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures

Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking; where electricity per person is not published, clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group (US$8.30 a day for high-income nations). Each figure links to its source.

Solutions for Perfect Timor-Leste

All Solutions

  • The Solution for Timor-LesteEnergy

    Finance clean power and clean cooking at national scale.

    • 01The challenge81% Of Timorese still cook without clean fuels. World Bank, 2024
    • 02The dealSovereign green bond, proved in India, 2023: INR 16,000 cr in the first issuance. Reserve Bank of India, 2023
    • 03What Perfect Nations advisesNations where energy is furthest from reach should issue a sovereign green bond ring-fenced for clean power and clean cooking. With super intelligence, the switch can be priced for every household still cooking with wood, charcoal or kerosene, and every project the bond finances reported to investors.
    Co-design it inThe ReDesign StudioThe three mandates
Perfect Nations® · Letters to the NationsTimor-Leste

Dear Timor-Leste,

You saved your oil wealth in a fund that is many times the size of your economy, and a third of you are under fifteen.

Read more

More than nine in ten of you have electricity, yet only one in five cooks with clean fuel. Let the fund invest in every kitchen and every young worker before the oil runs out.

“The fund is the nation’s endowment. Let it reach every kitchen before the oil runs out.”

Yours in design,Preeti SinhaPresident and CEO, Perfect Nations

Work with us · The ReDesign Studio

The Perfect Timor-Leste ReDesign Studio

One mission, three depths: the same four moves for Timor-Leste, taken as far toward market as you choose.

Read more

For the Government of Timor-Leste, its development partners and investors. Scope and fees are agreed in writing before any work begins.

  1. 01Identify the assets
  2. 02Estimate Perfect Capita
  3. 03Co-design the capital architecture
  4. 04Launch the instruments

  1. Mandate 013 hours

    The Nation Briefing

    A private session for the people who decide.

    You leave withThe gap, named and sized

    Read more
    1. 01The five sovereign assets on this page, walked through.
    2. 02Energy, the standard furthest from reach, and the Gap, explained.
    3. 03The instruments that could close the Gap, shortlisted.
    4. 04The path to market, outlined.
    Request a Nation Briefing

  2. Mandate 023 days

    The Blueprint Lab

    Your team and ours, working the blueprint together.

    You leave withThe structure, drawn

    Read more
    1. 01The ledger tested against your ministries’ own data.
    2. 02Each of the seven standards costed in local prices.
    3. 03One financing structure, drawn with your team.
    4. 04A term sheet and the partners to approach.
    Plan a Blueprint Lab

  3. Mandate 03End to end

    The Sovereign Mandate

    Led personally by the President and CEO.

    You leave withA structure ready for market

    Read more
    1. 01A full sovereign asset ledger, valued and verified.
    2. 02Perfect Capita set and agreed with government, with a monitoring plan.
    3. 03The full structure: legal form, credit enhancement, guarantees and pricing.
    4. 04Taken to investors and development partners, through to close.
    Discuss a Sovereign Mandate

Co-design it with us

Where Timorese and Co-designers design the nation they want to live in.

  • Writings

    Write Perfect Timor-Leste into being.

    Up to 1,500 words on your vision of Perfect Timor-Leste, published with your name.

    Submit your writing

  • Voices of Perfect Nations Launching soon

    The local leaders already building Perfect Timor-Leste.

    Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Timor-Leste already own, and how could it pay for a decent life for every citizen?”

    Nominate yourselfSuggest a guest

  • Co-designers

    Join the community.

    Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Timor-Leste.

    Become a Co-designer

The Timor-Leste ReDesign Studio is open

Design Perfect Timor-Leste with us.

Share your vision, suggest a guest, or write to us: every message receives a personal reply.

Enter the ReDesign StudioWrite to usAll 195 nations
Sources
  1. World Bank, World Development Indicators (API), accessed 10 November 2026: population and ages 0 to 14, 2025; land area and agricultural and forest land; renewable fresh water per person, 2022; natural resource, oil, gas and mineral rents, 2021; renewable electricity output, 2021; tourism receipts; personal remittances; electricity access and clean cooking.
  2. The seven standards: FAO food insecurity, WHO/UNICEF JMP water and sanitation, UN-Habitat urban slums, World Bank clean cooking, learning poverty and lower-secondary completion, and poverty headcounts (all via the World Bank); WHO UHC service coverage index, 2023.
  3. IMF, World Economic Outlook, October 2026 (DataMapper, accessed 10 November 2026): general government gross debt, 2025, and real GDP growth projected for 2026.
  4. Central Bank of Timor-Leste, press release on the Petroleum Fund Q2 2026 report; Tatoli, 8 May and 7 August 2026.
  5. IMF press release 25/315; World Bank press release of 30 September 2025.
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