IMF confident Brunei's economy will continue growing well at least until 2029

Brunei

BANDAR SERI BEGAWAN (Xinhua): The Brunei's economy is projected to grow 2.4 per cent in 2024 and 2.5 per cent next year, according to the latest report from the International Monetary Fund (IMF).

Brunei's economy is expected to maintain a positive growth trend, with the economy projected to reach a growth rate of 3.1 percent by 2029. The sultanate experienced negative growth in 2021 and 2022, but successfully achieved positive growth in 2023, local daily Borneo Bulletin quoted the IMF report on Sunday.