Brunei: Domestic economy grew 2.6pc in first half of 2020; no new Covid-19 cases


P1a_01012021

BANDAR SERI BEGAWAN, Jan 2 (Borneo Bulletin/ANN): The domestic economy grew by 2.6 per cent year-on-year in the first half of 2020, Autoriti Monetari Brunei Darussalam (AMBD) stated in its bi-annual policy statement for the second half of 2020.

AMBD’s inflation forecast for 2020 remains in the range of one per cent to two per cent with inflation in 2021 forecast to be in the range of zero per cent to one per cent. AMBD highlighted that the overall risk level of the banking sector for Q3 2020 was lower compared to Q2 2020.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Brunei , Economy Grew , Second Half , Covid-19 , 2020

Next In Aseanplus News

Political amnesty law takes effect but excludes lese majeste
Police used excessive force during protests, says Amnesty
Seoul’s long track to the North
Pyongyang readying further Russia troop roll-out, says Seoul
Four missing as torrential rains hit
Teen ‘Superman’ joins wildfire fight
PM meets security chiefs after attacks in the south
US calls off joint drills
Global sea surface temperature hits record high of 21.1 Celsius, says climate agency
Singapore Strait and Malacca Strait remain global cooperation model, says Republic's Transport Minister

Others Also Read