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Published on 27th May 2022
The Brunei government has spent over BND100 million on oil price subsidies, even before the COVID-19 pandemic. This figure is expected to rise further due to the current high global oil prices. The minister of Finance and Economy II also revealed that rice, electricity and water are other subsidized commodities in Brun...
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Did you know Brunei has been splurging over BND100 million on oil subsidies even before COVID-19? Talk about a generous gas bill! With oil prices soaring to USD117 per barrel, it's like Brunei is throwing a never-ending party for its drivers while keeping an eye on rice, electricity, and water subsidies too!
May 27, 2022
Brunei's government has spent over BND100 million subsidizing oil prices, a trend that predates the COVID-19 pandemic and continues to r...
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