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Borneo Bulletin Article

Published on 8th March 2023

Brunei's Legislative Council members are discussing the need for robust legal and regulatory frameworks before launching the Brunei Darussalam Stock Exchange. Minister of Finance and Economy II, Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew, highlighted the government's limited fiscal tools compared to ot...

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Brunei's Legislative Council members are discussing the need for robust legal and regulatory frameworks before launching the Brunei Darussalam Stock Exchange. Minister of Finance and Economy II, Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew, highlighted the government's limited fiscal tools compared to other nations and emphasized the importance of diversifying revenue sources beyond oil and gas. He cited examples like a BND3 border charge but acknowledged it wasn't a typical fiscal tool. The minister also explained provisions for launching projects outside the budget when they significantly benefit Brunei's macroeconomy.

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Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

Borneo Bulletin

📍Brunei Press Sdn Bhd

Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

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