Asian Development Bank and Brunei Darussalam: Fact Sheet
Asian Development Bank | April 2015
Abstract
Brunei Darussalam’s economic growth remained low in 2014, largely due to a decline in domestic production of crude oil and liquefied natural gas. The government recently launched a program for enhancing oil and gas production in the medium to long-term by increasing investment and expanding value-added petrochemical products. In March 2013, the Asian Development Bank (ADB) Board of Directors approved the classification of Brunei Darussalam as a graduated developing member country, and this will be effective upon the signing of a partnership between Brunei Darussalam and ADB.
Citation
Asian Development Bank. 2015. Asian Development Bank and Brunei Darussalam: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5197. License: CC BY 3.0 IGO.Keywords
Development Economics
Regional Economic Development
Economic Impact
Development
Economies in transition
Economic agreements
Development indicators
Economic development
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