Brunei economy projected to grow 5.8 per cent, says Regional Economic Outlook report

Image from Borneo Bulletin/ANN

BANDAR SERI BEGAWAN, May 6 (Borneo Bulletin/ANN): Brunei's economy is projected to grow 5.8 per cent this year, according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook report.

IMF said economic growth in Asia and the Pacific is poised to slow more than previously estimated this year amid headwinds from the conflict in Ukraine, a resurgent pandemic, and tightening global financial conditions.