1s2u.com in Timor-Leste
"East Timor or Timor-Leste, officially the Democratic Republic of Timor-Leste is a country in Maritime Southeast Asia. East Timor has a market economy that used to depend upon exports of a few commodities such as coffee, marble, petroleum, and sandalwood. East Timor's economy grew by about 10% in 2011 and at a similar rate in 2012.
East Timor now has revenue from offshore oil and gas reserves, but little of it has gone to develop villages, which still rely on subsistence farming.
East Timor is labelled by the International Monetary Fund as the "most oil-dependent economy in the world". The Petroleum Fund pays for nearly all of the government's annual budget, which has increased from $70 million in 2004 to $1.3 billion in 2011, with a $1.8 billion proposal for 2012. East-Timor's income from oil and gas stands to significantly increase after its announcement to cancel a controversial agreement with Australia, which has given Australia half of the income from oil and gas since 2006.
After petroleum, the second largest export is coffee, which generates about $10 million a year. Starbucks is a major purchaser of East Timorese coffee. 9,000 tonnes of coffee, 108 tonnes of cinnamon and 161 tonnes of cocoa were harvested in 2012 making the country the 40th ranked producer of coffee, the 6th ranked producer of cinnamon and the 50th ranked producer of cocoa worldwide. The agriculture sector employs 80% of the active population. " - Wikipedia
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