Watch the highlights of AMRO’s 2022 Annual Consultation Report on Brunei Darussalam.
AMRO forecasts Brunei’s economy to grow by 2.8% in 2023, boosted by the recovery in the services sector thanks to the resumption of economic activities. But risks to the outlook are tilted to the downside due to uncertainties in the global energy market and concerns on the dimming global growth. Brunei’s continuing reliance on the O&G sector makes the economy vulnerable to shocks.
How can Brunei step up diversification in the non-O&G sector and foster long-term economic resilience?
Learn more from the AMRO’s 2022 Annual Consultation Report on Brunei Darussalam.