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Ain Bandial

Published on 26th March 2021

Brunei's Legislative Council has approved a government budget of $5.86 billion for the 2021/2022 financial year, starting April 1. Due to the COVID-19 pandemic's impact, Brunei faces a significant fiscal deficit estimated at $2.98 billion, triple the previous year's deficit. As a result, development spending has been c...

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Brunei's Legislative Council has passed a budget of $5.86 billion for the 2021/2022 financial year, amidst significant fiscal challenges exacerbated by the pandemic and low oil prices. The fiscal deficit is projected to reach $3.25 billion, necessitating cuts in development spending.

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Ain Bandial

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The Scoop

The Scoop

Information

Ain Bandial

↳ Posted By

The Scoop

Brunei Approves $5.86 Billion Budget Amidst COVID-19 Challenges

Brunei Unveils $5.96 Billion Budget to Power Post-COVID Economic Recovery

Brunei's Development Budget Slashed Amid Rising Deficit Warnings

WeLoveCovid

Keris-Warisan

Eltynov

Kaimana

Tyremart Brunei

The Scoop

Brunei Approves $5.86 Billion Budget Amidst COVID-19 Challenges

Brunei Unveils $5.96 Billion Budget to Power Post-COVID Economic Recovery

Brunei's Development Budget Slashed Amid Rising Deficit Warnings

WeLoveCovid

Keris-Warisan

Eltynov

Kaimana

Tyremart Brunei