Published on 7th March 2019
His Majesty Sultan Haji Hassanal Bolkiah expressed concern over Brunei's slow economic growth and rising unemployment at the 15th Legislative Council session. He highlighted issues related to volatile oil prices impacting government revenue and GDP, projected to grow by only 0.5% in 2018. Despite efforts to diversify, ...
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His Majesty Sultan Haji Hassanal Bolkiah has expressed significant concern regarding Brunei's sluggish economic growth and rising unemployment rates. He emphasized the need for government solidarity and urgent solutions to address these challenges, particularly the dependency on oil and gas revenues, which heavily influence the economy.
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