Pandemic recovery to boost Brunei GDP next year

BANDAR SERI BEGAWAN, Oct 19 (Borneo Bulletin/ANN): Brunei is seen posting the recovery in 2021, following the Covid-19 pandemic where the International Monetary Fund (IMF) is projecting that the Sultanate’s gross domestic product (GDP) growth to be 3.2 per cent next year while for its mid-term projections for 2025, IMF forecast the Sultanate’s growth to be 1.8 per cent.

And for this year (2020), 0.1 per cent growth is expected.