Borneo Bulletin

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Brunei's economy is like a phoenix rising from the ashes! After two years of contraction, it's predicted to grow by 2.6% in 2023, thanks to a diversification trend and a recovery in services. Plus, oil and gas are taking a back seat as other exports ramp up. How's that for a fun economic twist?

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Thinking.. 🤔

Information

Borneo Bulletin Article

Published on 14th February 2023

After two years of contraction, Brunei's economy is projected to grow by 2.6% in 2023, according to the Centre for Strategic and Policy Studies (CSPS). This optimistic outlook stems from normalized economic activity post-COVID-19 restrictions and a broadening of the GDP base. The contribution of oil and gas exports ha...

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