Economy to see uptick in 2019

THE Brunei economy is expected to pick up in 2019 after going through a slowdown in the past year. However, increased efforts are needed to improve discipline in the fiscal sector, safeguard the soundness of the banking system, and diversify the economy in order to enhance potential growth, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country on November 13-19 last year. More details in Thursday’s Borneo Bulletin.