BANDAR SERI BEGAWAN, Aug. 14 (Xinhua) -- Brunei's economy continues its robust recovery, stimulated by modest inflation and macroeconomic stability, an ASEAN (the Association of Southeast Asian Nations) think tank has said.
Prudent fiscal policy and a strong external position provide resilience against global impacts, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
However, structural reforms continue to face challenges caused by external pressures such as energy market volatility, shifting trade dynamics, and the accelerating global transition toward decarbonization.
The think tank said economic activities remain robust, reflecting broad-based growth momentum. Growth has been led by a strong rebound in both the upstream and downstream oil and gas sectors.
The non-oil and gas sector was also performing well, supported by continued strength in trade, air transport, and communications. Recovery in the agri-food and tourism sectors was making steady progress. Growth was projected to ease to a more sustainable pace of 2 percent in 2025-26.
