Brunei Darussalam Recent Economic Developments
This report describes economic developments in Brunei Darussalam during the 1990s. During 1994-95, domestic demand picked up strongly mainly owing to the rise in government expenditure. As the government accelerated the implementation of key projects in the Sixth National Development Plan, large com...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
1996
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| Series: | IMF Staff Country Reports
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This report describes economic developments in Brunei Darussalam during the 1990s. During 1994-95, domestic demand picked up strongly mainly owing to the rise in government expenditure. As the government accelerated the implementation of key projects in the Sixth National Development Plan, large community-oriented projects were also implemented. The increase in investment spending and associated consumption boom resulted in a sharp growth in imports and a significant rise in inflation. In the meantime, broad money continued to expand rapidly as substantial funds were brought into the banking system from abroad to finance major development projects |
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| Physical Description: | 77 pages |
| ISBN: | 9781451806137 |