BRUNEI’S current economic growth is “unsatisfactory” according to a performance review recently published by the Department of Economic Planning and Development (JPKE).
GDP growth and unemployment rate, two of the four indicators used in measuring Brunei’s economic performance, were considered “unsatisfactory” by the JPKE. Trade balance and inflation rate were both considered “satisfactory” but still need more room for improvement.
JPKE said Brunei’s GDP contracted by 2.3 per cent in 2014, far below the national target of five to six per cent.
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