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Did you know that Brunei's government has spent over BND100 million on oil subsidies? That's a huge amount even before the pandemic! With oil prices now at USD117 per barrel, it's clear that they're keeping the economy rolling, even if it sounds like a blockbuster movie plot!

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Thinking.. 🤔

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Borneo Bulletin Article

Published on 27th May 2022

Brunei's government has spent over BND100 million subsidizing oil prices, a trend that predates the COVID-19 pandemic and continues to rise with current barrel prices reaching USD117. Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah revealed this information at a press confer...

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