Timor-Leste, Sept. 29 -- Timor-Leste's near-term economic outlook remains stable, supported by strong domestic demand. Although growth projections have been slightly downgraded from the April 2025 forecast, the economy is expected to maintain solid momentum, according to a new report released by the Asian Development Bank (ADB) today.The Asian Development Outlook (ADO) September 2025 projected economic growth at 3.8% in 2025 and 3.4% in 2026, down from the ADO April 2025 forecast of 4.0% and 3.8%, respectively. This reflects the higher-than-expected preliminary growth of 4.1% in 2024 and the government's plan to gradually reduce budget expenditure starting in 2026 to align public spending with the economy's absorptive and institutional capa...