Brunei Darussalam: Recent Economic Developments

This paper describes economic developments in Brunei Darussalam during 1997-98. In 1997, the economy grew by 4 percent led by strong construction and services activities, while average inflation declined to less than 2 percent. Current expenditures were contained, and a recovery in capital expenditu...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1999
Schriftenreihe:IMF Staff Country Reports IMF Staff Country Report No. 99/19
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Zusammenfassung:This paper describes economic developments in Brunei Darussalam during 1997-98. In 1997, the economy grew by 4 percent led by strong construction and services activities, while average inflation declined to less than 2 percent. Current expenditures were contained, and a recovery in capital expenditures was financed by larger transfers from the Brunei Investment Agency. In 1998, the Brunei economy was adversely affected by the large decline in world price of crude oil, the collapse of a large domestic private company, and the impact of the Asian crisis
Beschreibung:1 Online-Ressource (78 p)
ISBN:1451806159
9781451806151

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