26.5 C
Brunei
Tuesday, January 31, 2023
26.5 C
Brunei
Tuesday, January 31, 2023
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    Nation’s economic growth revised to 2.8 per cent this year

    In their January 2023 economic outlook, the ASEAN+3 Macroeconomic Research Office (AMRO) revised Brunei Darussalam’s economic growth to 2.8 per cent this year (2023), down from their previous forecast of three per cent last October. This was highlighted in their ASEAN+3 Regional Economic Outlook (AREO) on January 17. Their January 2023 outlook also trimmed the Sultanate economic growth for last year to negative 1.2 per cent (-1.2%), down from their earlier forecast in October of 0.7 per cent.

    More details in Tuesday’s Borneo Bulletin.

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