Additional economic relief package rolls out on April 1

The Ministry of Finance and Economy (MoFE) on behalf of the Autoriti Monetari Brunei Darussalam (AMBD) and Brunei Association of Banks (BAB) on Monday announced additional steps to the interim measures taken by the Brunei Government in aiding various micro, small and medium enterprises (MSMEs) and individuals affected by the COVID-19 including an additional economic relief package on April 1, amounting to approximately BND250 million in the form of deferment of principal or loan repayment and exemption of fees and charges. More details in Tuesday’s Borneo Bulletin.