Economic development trends.Currently, Brunei is attempting to change from economic dependence on oil as the principle to a diverse economic structure, more due to the expected volume of oil reserves has been confirmed (proven reserve) of Brunei Darussalam will be out in c. 2558 (2015) with the recession in Asia from Brunei to hasten the reform 2543 (2000) make the economic structure and the use of various measures to create economic diversity are:The establishment of the Council of economic advisors Led by Mohan, Prince Hotel ม็ด Bo lakia (Minister of Foreign Affairs of Brunei Darussalam), which contains the guidelines for promotion of the private sector, there is a greater role. In order to promote economic development.Adjust the economic structure. The emphasis on policies to benefit as promoting foreign investment and State enterprises, private entrepreneurs to come and participate more. Expand the tax base.Modify foreign investment strategies of the BIA by the turn to invest in new businesses, which are low risk, such as buying shares in the group, the information technology and telecommunications, or master the various airlines business.The national development plan, vol. 8 (The Eighth National Development Plan: the 8th NDP) operated between 2544 (2001)-2548 (2005) with subject matter including the target growth rate of the gross domestic product (GDP-GDP) at 5-6 per cent by setting limits for the execution of the budget by 7.3 billion dollars, the Brunei phaen expected this new development strategy would help the Government balance its budget. Possible measures in the economic reconstruction, development and sustainable. Build strength and expansion to the oil and gas industry, including the development of various industries, as economic and social development and human resources, as well as a small industry, and shall. To expand the cooperation between the public and private sectors, some State enterprises processing and build strength in the financial system and financial. In addition The Government of Brunei, also based on the concept of good governance (Good Governance), as well as to strengthen the emphasis on strength, with the private sector.Promoting foreign investment and trade liberalization measures, and create an atmosphere permitting investments. Not only companies in the country, but includes countries from ASEAN countries and international.Developing countries as a trading centre and tourism (Tourism and Service Hub for Trade-2003 Vision SHuTT), and is an important cargo market of Southeast Asia, which is one of the projects target cooperation of ASEAN Brunei Indonesia Malaysia Philippines-East Group Growth Area (BIMP-EAGA)Creating financial strength in order to revitalize the economy and economic development, and the project's basic utilities. In addition, the development of the country, Brunei Darussalam has established as an international financial centre. (Brunei International Financial Center: BIFC) with the aim to raise the level of the country. In the field of international financial services. Distributing the economic diversity and create jobs to people.
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