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Source: International Monetary Fund

Brunei Darussalam : 2019 Article IV Consultation-Press Release and Staff Report

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

October 10, 2019

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Summary:

Brunei Darussalam’s economy has been adjusting to the lower oil and gas (O&G) prices since 2014, with the authorities undertaking wide-ranging reforms. The reforms aim to ensure long-term fiscal sustainability and intergenerational equity, and to foster economic diversification. Growth is expected to pick up in 2019, with the outlook improving further over the medium term, driven by expansion in the O&G sector and large investment projects. Nonetheless, lower-than-expected O&G prices or production would reduce fiscal revenues and exports, with significant spillovers to the non-O&G sector.

Series:

Country Report No. 19/310

English

Publication Date:

October 10, 2019

ISBN/ISSN:

9781513516615/1934-7685

Stock No:

1BRNEA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

54

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