Published on 29th February 2024
Brunei's government has unveiled a $6.25 billion supply bill for 2024/2025, marking a 5.5% increase in spending to enhance digitalisation and public infrastructure. The supply bill is set against the backdrop of declining government earnings from $6.35 billion in 2022/23 to $3.22 billion in 2023/24 due to lower energy ...
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Brunei's government has proposed a $6.25 billion budget for the 2024/2025 fiscal year, focusing on enhancing digitalisation and public infrastructure despite a projected $2.99 billion deficit. The budget aims to stimulate economic growth while addressing challenges such as declining oil revenues and global economic uncertainties.
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