'CSPS' Stories - Page 2 of 2 - The Scoop

Low oil revenue projected to push fiscal deficit to 15% of GDP CSPS expects Brunei to record a fiscal deficit for the third straight year

February 3, 2021

BANDAR SERI BEGAWAN – Brunei is poised to experience a budget shortfall for the third year running in 2021 after the fiscal deficit…

Brunei economy to grow 2.8% in 2021 Think tank predicts post-COVID growth for Brunei but warns that outlook depends on recovery of global trade and commodity prices

February 2, 2021

BANDAR SERI BEGAWAN – The Brunei economy is projected to expand 2.8 percent in 2021, led by downstream exports and the manufacturing sector,…

CSPS: Gov’t faces tough budget decisions amid lower oil revenue The think tank warns that holding back on spending will harm economic growth

October 27, 2020

BANDAR SERI BEGAWAN – Difficult choices loom for the Brunei government on cutting spending or introducing new taxes to balance its budget in…

CSPS lowers economic growth forecast over COVID-19 uncertainty Brunei lacks real-time economic data to effectively monitor impact of pandemic, says think tank

BANDAR SERI BEGAWAN – Brunei think tank Centre for Strategic and Policy Studies (CSPS) has painted a less rosy economic outlook of the…