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​ECONOMIC STRATEGY



YANG BERHORMAT PEHIN ORANG KAYA INDERA PAHLAWAN DATO SERI SETIA AWANG HAJI SUYOI BIN HAJI OSMAN

​MINISTER OF EDUCATION / DEPUTY CHAIRMAN OF AUTORITI MONETARI BRUNEI DARUSSALAM (AMBD)
YANG BERHORMAT PEHIN ORANG KAYA LAILA SETIA DATO SERI SETIA
AWANG HAJI ABDUL RAHMAN BIN HAJI IBRAHIM

MINISTER AT THE PRIME MINISTER'S OFFICE AND MINISTER OF FINANCE II



YANG BERHORMAT PEHIN ORANG KAYA PEKERMA DEWA DATO SERI SETIA
AWANG LIM JOCK SENG

MINISTER AT THE PRIME MINISTER'S OFFICE AND MINISTER OF FOREIGN AFFAIRS & TRADE II


YANG BERHORMAT PEHIN DATU SINGAMANTERI KOLONEL (RTD) DATO SERI SETIA (DR) AWANG HAJI MOHAMMAD YASMIN BIN HAJI UMAR

MINISTER OF ENERGY AND INDUSTRY AT THE PRIME MINISTER'S OFFICE
YANG BERHORMAT DATO PADUKA
AWANG HAJI ALI BIN HAJI APONG

MINISTER OF PRIMARY RESOURCES & TOURISM


YANG MULIA DATO PADUKA
AWANG HAJI MOHD. ROSELAN BIN HAJI MOHD. DAUD​​

DEPUTY MINISTER AT PRIME MINISTER'S OFFICE
YANG MULIA DATO PADUKA DR.
AWANG HAJI MOHD. AMIN LIEW BIN ABDULLAH

DEPUTY FINANCE MINISTER



In order to create new employment for our people and expand business opportunities, the following economic policy directions must be emphasised:

  • Ensuring continued macroeconomic stability.

  • Ensuring high rates of economic growth so that work is always available for our young people entering the labour market each year.

  • Developing further a strong capital market including the Islamic bond market (sukuk) to help finance domestic growth. 

  • Promoting national economic competitiveness through policies that encourage productivity, economic openness and competition.

  • Investing in downstream industries and other economic clusters selected on the basis of Brunei Darussalam’s competitive strengths, export potential and employment opportunities for local people.

  • Investing in the world class infrastructure that is required to attract foreign and domestic investment in new export industries. 

  • Developing an energy policy that accords proper priority to our oil and gas industry while giving due consideration to the need to create new industries through downstream diversification.

  • Privatising those services currently provided by the public sector that are best undertaken by the private sector.

  • Developing the expertise and skills required by commerce and industry through investment in our educational institutions; in research and development; and through collaboration with business.

  • Promoting international economic cooperation, bilaterally and multilaterally.

  • Encouraging equal opportunities for women in the work force and in nation building.