Optimistic outlook for Brunei economy


BANDAR SERI BEGAWAN (Borneo Bulletin/Asia News Network): After the setback to growth last year due to the outbreak of the Delta variant of Covid-19, economic activities in Brunei Darussalam are gradually picking up, particularly in the non-oil and gas (O&G) sector.

High vaccination rates have allowed containment measures and border restrictions to be lifted, enabling fuller economic re-opening. Higher global energy prices have also benefitted the Sultanate, helping to improve the external position and restore fiscal buffers.

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