Expanding Brunei’s Revenue Base – Insights from the ASEAN+3 Macroeconomic Research Office

Brunei’s fiscal dependency on oil and gas highlights the need for revenue diversification. Inspired by GCC reforms, Brunei aims to broaden its tax base, enhancing fiscal stability. Brunei’s Fiscal Sensitivity to Oil and Gas Prices Brunei Darussalam’s economy is significantly influenced by oil and gas (O&G) prices due to its heavy reliance on these commodities […]