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Home News Brunei Darussalam

AMRO revises Brunei’s growth forecast to 4pc

NEWSROOM by NEWSROOM
July 16, 2024
in Brunei Darussalam
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The ASEAN+3 Macroeconomic Research Office (AMRO) revised Brunei’s Darussalam economic growth forecast to four per cent, from the previous projection of 2.7 per cent.

AMRO kept its 2024–25 growth forecasts for the ASEAN+3 region broadly unchanged at 4.4 per cent and 4.3 per cent, following its latest quarterly update on the ASEAN+3 Regional Economic Outlook (AREO) published yesterday.

Favourable export prospects should boost the region’s growth momentum, alongside firm domestic demand and the continued recovery in tourism.

The ASEAN+3 region is expected to grow at a steady pace of 4.4…



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