Wednesday, September 27, 2023
28 C
Brunei Town
- Advertisement -

IMF lauds Brunei economic recovery effort

International Monetary Fund (IMF) Executive Directors commended the Sultanate’s authorities for adopting policies to cushion the impact of the COVID-19 pandemic as well as for the impressive vaccination rollout.

The directors observed that a strong economic recovery is underway, with further lifting of COVID-19 restrictions, investments in large petrochemicals projects, and higher oil and gas prices.

Noting the downside risks to the outlook, the directors stressed the need to maintain supportive policies until a private-sector-led recovery is on a firm path.

More details on Weekend’s Borneo Bulletin

- Advertisement -
spot_img

Latest article

spot_img