Brunei Darussalam: Continued Structural Reforms Needed to Sustain Strong Recovery

The Brunei Darussalam economy slowed down in 2018 but is expected to pick up in 2019, while inflation will likely continue to rise moderately, according to the 2018 Annual Consultation Report on Brunei Darussalam released today by the ASEAN+3 Macroeconomic Research Office (AMRO).

Continue ReadingBrunei Darussalam: Continued Structural Reforms Needed to Sustain Strong Recovery
Read more about the article AMRO’s 2018 Annual Consultation Report on Brunei Darussalam
SOUTH CHINA SEA, BRUNEI - JANUARY 26: A crane of Ampelmann on deck of a vessel on January 26, 2014 in Brunei. This system allows a safe access to offshore structures, even in high wave conditions

AMRO’s 2018 Annual Consultation Report on Brunei Darussalam

The Brunei Darussalam economy slowed down in 2018 but is expected to pick up in 2019, while inflation will likely continue to rise moderately.

Continue ReadingAMRO’s 2018 Annual Consultation Report on Brunei Darussalam

Brunei Darussalam: Gradual Growth Recovery amid Ongoing Economic Diversification

The Brunei economy is expected to slow down in 2018 before picking up in 2019 while inflation has turned positive. However, increased efforts are needed to improve discipline in the fiscal sector, safeguard the soundness of the banking system, and diversify the economy, in order to enhance potential growth, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country from November 13 to 19, 2018.

Continue ReadingBrunei Darussalam: Gradual Growth Recovery amid Ongoing Economic Diversification

Brunei Darussalam: Economy Recovering from Prolonged Downturn but Continued Structural Reform Needed to Bolster Resilience and Sustainable Growth

The Brunei Darussalam economy is expected to see a modest growth in 2017 supported by improvement in oil and gas production and expansion in investment, according to the 2017 Annual Consultation Report on Brunei Darussalam published by the ASEAN+3 Macroeconomic Research Office (AMRO).

Continue ReadingBrunei Darussalam: Economy Recovering from Prolonged Downturn but Continued Structural Reform Needed to Bolster Resilience and Sustainable Growth

Brunei Darussalam: Economy Recovering but Needs Support from Fiscal Policy and Structural Reforms

The Brunei Darussalam economy is expected to see a modest recovery in 2017 with a small positive growth led by improvement in oil and gas production and expansion in investment as infrastructure and FDI construction projects are progressing, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country from October 30 to November 3, 2017.

Continue ReadingBrunei Darussalam: Economy Recovering but Needs Support from Fiscal Policy and Structural Reforms