Showing posts from October, 2018

Brunei's Permanent Secretaries and Deputies (September 2018)

The list of Permanent Secretaries and Deputy Permanent Secretaries in the Brunei Government as of September 2018 with several new appointments: +++++ PERMANENT SECRETARIES Prime Minister's Office (PMO ) Pengiran Datin Shazainah bte Pg Dato Paduka Shariffudin (International)* Tuan Md Riza bin Dato Paduka Hj Md Yunos (Media and Cabinet) Lt Col (R) Pengiran Sazali bin Pengiran Yakob (Security) Tuan Haji Mohd Rosli bin Haji Ibrahim (Law and Welfare) Tuan Haji Roslan bin Haji Tajaah (Corporate Affairs and Civil Service) Ministry of Defence (MINDEF) Capt (Rtd) Abdul Rahman bin Begawan Mudim Dato Paduka Haji Bakar Brigadier General (Rtd) Dato Seri Pahlawan Shahril Anwar bin Haji Ma'awiah Ministry of Finance and Economy (MOFE) Puan Norliah bte Haji Kula (Policy & Fiscal)* Pengiran Hajah Zety Sufina bte Pengiran Dato Paduka Haji Sani (Performance & Corporate)* Tuan Haji Khairuddin bin Haji Abdul Hamid (Investment) Dr Hajah May Fa'ezah bte Haji Ahmad Arif

IMF Report on Brunei Darussalam 2018

The International Monetary Fund (IMF) recently did a report on Brunei. The report's link is here . But the text can be read in this blog. +++++ IMF Executive Board Concludes 2018 Article IV Consultation with Brunei Darussalam October 10, 2018 On September 17, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Brunei Darussalam. Brunei Darussalam’s economy has been adjusting well to lower oil prices since 2014, with the authorities undertaking wide-ranging reforms. The decline in oil and gas (O&G) prices led to large budget deficits and narrower current account surpluses. In response, the authorities in 2015 launched a reform program aimed at: (i) ensuring long-term fiscal sustainability and intergenerational equity and (ii) fostering economic diversification by improving the business climate. These reforms have started to bear fruit, as growth has begun to rebound and inflation has returned to positive territ