The government can access these funds but only following approval by the parliament to support our budget requirements and investments in infrastructure development, education, public health, and so on.
Jose Ramos-HortaWe believe that human rights transcend boundaries and must prevail over state sovereignty.
Jose Ramos-HortaWe have already significant sums of money in our petroleum fund, a fund created by law that includes all the revenues received from the Timor Sea, and invests in conservative, safe, long-term investment portfolios - right now in US Treasury Bonds.
Jose Ramos-Horta