ECONOMIC DEVELOPMENT IN BRUNEI DARUSSALAM ECONOMIC STRUCTURE & PERFORMANCE NATIONAL DEVELOPMENT PLANS & ACHIEVEMENTS Jpke.jpm

ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENT

IN BRUNEI DARUSSALAM IN BRUNEI DARUSSALAM

ECONOMIC STRUCTURE & PERFORMANCENATIONAL DEVELOPMENT PLANS & ACHIEVEMENTS

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TheThe Brunei Economy in Brunei Economy in 20042004TheThe Brunei Economy in Brunei Economy in 20042004

GDP = BND 8,769 million GDP = BND 8,769 million

POPULATION = 357,800POPULATION = 357,800

Per Capita GDP= BND 24,508Per Capita GDP= BND 24,508

GDP = BND 8,769 million GDP = BND 8,769 million

POPULATION = 357,800POPULATION = 357,800

Per Capita GDP= BND 24,508Per Capita GDP= BND 24,508

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GDP GROWTH 1985-2004

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-5

-4

-3

-2

-1

0

1

2

3

4

5

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

YEAR

%

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WORLD’S OIL PRICE 1985-2004

27.4725.33

14.48

18.35

15.18

18.31

23.52

21.18

20.73

18.82

17.0518.28

21.9721.48

13.43

18.57

29.71

24.67

30.17

41.8

05

1015202530354045

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

YEAR

US

D/B

AR

RE

L

SECTORAL CONTRIBUTION TO GDP Jpke .jpm

Based on current prices

NON-OIL SECTOR

OIL-SECTOR

0

10

20

30

40

50

60

70

80

90

100

PRIVATE 11.8 18.7 18.7 22.4 24.6 24.3 24.6 27.8 30.2 33.3 31.7 38 38.3 44.5 41.3 40.5 35.4 36 37.1 36.4

GOV'T 12.1 21.6 19.8 24.3 23.5 22.1 25 26.7 28 28.7 29.6 25.7 22.5 25.1 23.4 22.6 26.1 25.4 23.1 22.6

OIL/GAS 76.1 59.6 61.5 53.3 51.9 53.6 50.4 45.4 41.8 38 38.7 36.3 39.2 30.4 35 36.9 37.9 38.6 39.8 41

1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

GOVERNMENT

PRIVATE

OIL & GAS

76.1%

41.0%

%

STRUCTURE OF THE NON-OIL PRIVATE SECTOR (1996-2003)

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1996 1997 1998 1999 2000 2001* 2002* 2003*

Agriculture Forestry Fishery Mining/Q/Mfg Electricy,Water

Construction Wholesale Retail Rest. & Hotels Transport & Com.

Banking/Finance Insurance Real Est/Business Ownership Comm/Soc/Pers

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BRUNEI DARUSSALAM’S INTERNATIONAL TRADE 1991-2004

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-

2,000

4,000

6,000

8,000

10,000

1991

1993

1995

1997

1999

2001

2003

YEAR

BN

D (

mill

ion

)

Trade Balance Exports Imports

THE STRUCTURE OF NBD EXPORT (1991-2004) Jpke .jpm

0102030405060708090

100

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

YEAR

% OIL & GAS

NON-OIL & GAS

0

10

20

30

40

50

60

70

80

90

100

%

BUKAN-KO NSUMER 73.8 74.4 75.4 73.1 75.7 76.8 74.5 71 73 70.2 71 77 70.6

KO NSUMER 26.2 25.6 24.6 26.9 24.3 23.2 25.5 29 27 29.8 29 23 29.4

1991 1992 1993 1994 1995 1996 1997 1998 1990 2000 2001 2002 2003

NON-CONSUMER GOODS

CONSUMER GOODS

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THE STRUCTURE OF NBD IMPORT (1991-2003)

GOVERNMENT REVENUE & EXPENDITURE (1985-2004) Jpke .jpm

-

1,0002,000

3,000

4,000

5,0006,000

7,000

8,000

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

YEAR

BN

D (

mill

ion

)

Total Exp Revenue

STRUCTURE OF GOVERNMENT REVENUE (1991-2004) Jpke .jpm

0

20

40

60

80

100

1991

1993

1995

1997

1999

2001

2003

YEAR

%OIL AND GAS

NON-OIL AND GAS

STRUCTURE OF GOVERNMENT EXPENDITURE (1991-2004) Jpke .jpm

-

1,000

2,000

3,000

4,000

5,000

19911992199319941995199619971998199920002001200220032004

YEAR

BN

D (

Mill

ion

)

-

20

40

60

80

100

%

Current Current as % of Total Expenditure

MONETARY DEVELOPMENT: MONEY SUPPLY [1985-2003]

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

YEAR

BN

D (

MIL

LIO

N)

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-4

-2

0

2

4

6

8

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

YEAR

%

AVERAGE ANNUAL GROWTH RATE = 1.5 PER CENT

INFLATION RATES IN BRUNEI DARUSSALAM 1985 - 2004

POPULATION STRUCTURE OF BRUNEI DARUSSALAM

73.476.7

72.9

0

10

20

30

40

50

60

70

80

90

100

1981 1991 2001

BRUNEI CITIZENS/PR

NON-CITIZENS

%

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LABOUR FORCE, EMPLOYMENT & LOCAL JOB SEEKERS IN BRUNEI DARUSSALAM 2000-2003

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

2000 2001 2002 2003 2004

Public Private Job Seekers Labour Force

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Annual av. growth rate 1991-2003 = 4.4%, Public Sector = 1.9%, Private Sector = 5.7%

THE EMPLOYMENT STRUCTURE IN NBD BY RESIDENTIAL STATUS

63.6

54.257.7

0

10

20

30

40

50

60

70

80

90

100

1981 1991 2001

BRUNEI CITIZENS/PR

NON-CITIZENS

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LOCAL EMPLOYMENT BY OCCUPATIONAL CATEGORIES (1991 & 2001)

44.726.3

45.3

24

67

88.8

82.1

75

73.8

86

0

50

100

Legislators

Professionals

Technicians

Clerical

Service Workers

Skilled Agri./Fishery

Craft

Machine Operators

Elementary

Unclassified

1991

2001

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NATIONAL DEVELOPMENT PLAN

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NDP 1

NDP2

NDP 3

NDP 4

NDP 5

NDP 6

NDP 7

NDP 8

1953-1958

1962-1966

1975-1979

1980-1984

1986-1990

1991-1995

1996-2000

2001-2005

2006-2035

LONG TERM OBJECTIVES1986-2005

VISIONOPPNDPSECTORAL PLANS

NATIONAL NATIONAL DEVELOPMENT PLANSDEVELOPMENT PLANS

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• Improve the quality of life;• Maximize (optimize) the economic utilization of national

resources;• Develop new export-oriented and import substitution

industries;• Accelerate human resources development to meet the

demand of an increasingly sophisticated economy;• Maintain full employment and increase productivity

level;• Maintain a moderate rate of inflation;• Foster a dynamic, disciplined and caring society with its

citizens as agents for progress and development;• Encourage and nurture the development of “Rakyat

Melayu” as leaders of industry and commerce; and• Have a clean and healthy environment.

LONG TERM DEVELOPMENT OBJECTIVES (1986-2005)

9.3

19.3

33.3

20.4

9.9

7.6

0.3

11

21

32

22

11

8

4

13

20

28

22

9

7

2

15

11

20

16

8

2

20

7

0

5

10

15

20

25

30

35

NDP5 NDP6 NDP7 NDP8

Ind & Commerce Tran & Com Social Services Public Utilities Public Building Securities Misc ICT & S&T

%

BND 7.2 BILLION

BND 7.3 BILLION

BND 5.7 BILLIONBUDGET ALLOCATION

DEVELOPMENT BUDGET BY SECTOR

BND 3.7 BILLION

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SOCIO-ECONOMIC ACHIEVEMENTS

GDP PER CAPITA 1982 - 2004Jpke .jpm

0

10,000

20,000

30,000

40,000

50,000

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

YEAR

BN

D


INDICATORS 1991 2001

Literacy Rates 89.2 92.5

Higher Education Enrolment (%) 3.8 4.1

Labour Force Participation Rates 67.6 70.6

Life Expectancy - MALE FEMALE

72.176.5

74.077.1

Infant Mortality Rates/1,000 Births 11.1 6.8

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INDICATORS 1991 2001

Access to Piped Water (%) 99

Access to Electricity (%) 99

Mobile subscribers/1,000 People 7* 401

Internet Users/1,000 People NA 102

Telephone Lines/1,000 People 136 259

Note: * Figure for 1990

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EDUCATIONAL ENROLMENT (%TOTAL)

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1986 1990 1999 2000 2001 2002 2003

Primary/Kg 68.6 65.7 60.7 59.5 58.9 57.8 56.9

Secondary 28.6 32.0 34.6 34.4 34.5 35.9 36.5

Tech./Voc. 1.8 1.5 2.4 2.4 2.5 2.5 2.7

Tertiary 0.1 0.8 3.4 3.7 4.1 3.8 3.9

Total Enrolment 65,519 71,219 97,026 96,936 100,819 102,762 103,682

TERTIARY STUDENTS IN SCIENCE, MATHS AND ENGINEERING AS % OF ALL TERTIARY STUDENTS (1994-1997)

HDI Rank

Country % of tertiary Students

9 Japan 23

12 France 25

13 United Kingdom 29

17 Germany 31

33 BRUNEI 6

70 Thailand 21

110 Indonesia 28

130 Cambodia 23

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>>>33rd out of 177 countries<<<• Components of HDI:-

• GDP Per Capita• Life Expectancy• Literacy rate• Educational Enrolment

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HUMAN DEVELOPMENT INDEX 2004

Source: United Nations Development Programme, UN

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THE CHALLENGE

MAINTAINING PROSPERITY

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SUSTAINABLE DEVELOPMENT

VIA ECONOMIC

DIVERSIFICATION

EMPHASIS IN THE EIGHTH NATIONAL DEVELOPMENT

PLAN(2001 - 2005)

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Strengthening Government Finances

1. Review of Government expenditures & budgeting system• Prioritization of NDP Projects• National Audit Committee

2. Study of alternative means of financing development programs• Private Finance Initiatives3. Corporatisation, Commercialisation of

Government Agencies & Activities

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1.Expand the size of the Private Sector• Corporatisation/Privatisation

2.Encourage Local and Foreign Investment3.Improve Investment Climate4.Enhance SME’s Capability

• Study to Enhance Local Participation• Study to Enhance Productivity

Jpke .jpmStrengthening the Private Sector

Improving Investment Climate•Investment Incentives Order 2001•Economic Development Board (amendment) Order 2001•Industrial Coordination Order 2001

Industrial Land OwnershipIncome Tax Order (amendment) 2001

•Review of other laws and regulations related to businesses

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Improving Legal and Administrative Systems and Procedures

1. ICT Infrastructure and Facilities

• BIT Council• e-Government• e-Business

2. Export Import hubbing Facilities3. Tourism Infrastructure4. Industrial Infrastructure and Facilities

Provision of Adequate and Well Planned Infrastructure and Public facilities

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1. HRD National Policy Review• Engaging HRD Expert

2. HRD Fund (BND250 million)• Special Scholarship• Entrepreneurship Development• Specialists & Experts Development• Skill Development

Effective Implementation of HRDJpke .jpm

1.Brunei International Financial Center2.Tourism Industry3.Transshipment4.ICT5.Halal Food6.Oil & Gas Related Activities

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Developing the Promoted Sectors

INSTITUTIONAL SUPPORTS

• Brunei Economic Development Board• Government Linked Companies

• Semaun Holdings• Financial Institutions - TAIB, IBB, IDBB• Others

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Recent Initiatives

• Mid-Term Review (June 2003)• Evaluate the progress of

implementation & achievements• Ensure effective Programs/Projects

implementation

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Future Directions

• National Vision• Long Term Plan (Outline Perspective Plan)• Economic Diversification - Knowledge Based Economy

• Promoted Sectors Development• Human Capital Development• R & D Capacity Enhancement• Enabling Technologies

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1. Formulation of Relevant Laws2. Institute/Centre for Islamic Finance

• Establishment of Islamic Development Bank Infrastructure Regional Office

3. HRD• Islamic Financial Centre, UBD• Trainings & Seminars

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Brunei International Financial Centre

• Ecotourism Destination Development• Manpower Development for Tourism Industry• Promotion and Event Creation

Scheme Value : BND 63 million

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Development of the Tourism Industry

Transshipment

• Improvement of Port and Airport Facilities• Development of Container Freight Stations• Computerization Program

Scheme Value : BND60 million

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• Poultry Based Production and Processing• Fisheries Based Production and Processing• Research and Development• Food Safety Program• Strategic Alliance

Allocation : BND 143 million

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Halal Food Development

Development of Oil & Gas Related Industries

• Feasibility studies of expanding downstream industry.• Pulau Muara Besar Project• Government Corporation to spearhead the development of downstream industry

Scheme Value : BND300 million

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• Expansion and Upgrading of Network and Corporate Infrastructure• e-Government & e-Business• ICT Educational Facilities• Digital Transmission System• Cyber Park

Scheme Value : BND1.1 billion

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Development of ICT

Formulation of relevant laws• Money Laundering Order 2000• Criminal Conduct (Recovery of Proceeds) Order 2001• International Business Companies Order (2000)• International Limited Partnership Order (2000)• International Trust Order (2000)• Registered Agent Order (2000)• Trust Licensing Order (2000)• Mutual Funds Order (2001)• Securities Order (2000)• International Insurance and Takaful Order (2002)

Brunei International Financial Centre Jpke .jpm

STRUKTUR ORGANISASI

JABATAN PERANCANGAN DAN KEMAJUAN EKONOMI

Setiausaha Tetap Jabatan Perdana Menteri

JABATAN PENTADBIRAN DAN TEKNOLOGI INFO-

KOMUNIKASI

TIMBALAN KETUA PENGARAH 2

JABATAN PERANGKAAN

JABATAN PERLAKSANAAN

DAN PENGAWASAN

TIMBALAN KETUA PENGARAH 1

KETUA PENGARAH

JABATAN PERANCANGAN

JABATAN DASAR DAN

PENYELARASAN

BIDANG TUGAS DAN

TANGGUNGJAWAB UTAMA JPKE

BIDANG TUGAS DAN


Dasar Ekonomi Negara

Makro

Mikro

Rancangan Kemajuan Negara (RKN)

Penggubalan

Penyelarasan

Perlaksanaan & Pemantauan

BIDANG TUGAS DAN


(sambungan……..)

BIDANG TUGAS DAN


(sambungan……..)

Perangkaan Negara Kependudukan

Ekonomi

Hal Ehwal Pembangunan Sumber Manusia Dasar

Perancangan

Produktibiti

BIDANG TUGAS DAN


(sambungan……..)

BIDANG TUGAS DAN


(sambungan……..)

Pemudah-cara Pembangunan Ekonomi

Dasar

Instrumen

Galakan

Promosi

Perbadanan & Penswastaan

Iklim

Perlaksanaan

BIDANG TUGAS DAN


(sambungan……..)

BIDANG TUGAS DAN


(sambungan……..)

Penyelarasan & Perlaksanaan

Dasar

Perancangan

Pemantauan dan

Penilaian/Pembaikan

JABATAN PERANCANGANJABATAN PERANCANGAN

• MENYELIDIK DAN MENGANALISA TREN PERKEMBANGAN EKONOMI – REAL, FISKAL, KEWANGAN & PERDAGANGAN LUAR

• MODEL MAKROEKONOMI

• PRESTASI EKONOMI SEMASA DAN UNJURAN

• Unjuran Keluaran Dalam Negeri Kasar

• Lapuran Ekonomi Suku Tahunan Serantau & Global

JABATAN PERANCANGAN (sambungan…….)


• RANGKA TINDAKAN PEMBANGUNAN EKONOMI

• WAWASAN NEGARA

• RANGKA RANCANGAN JANGKA PANJANG

•REBIU RANCANGAN KEMAJUAN NEGARA

• PERANCANGAN DAN KEMAJUAN INDUSTRI DIGALAKKAN

Brunei International Financial Centre

Industri Pelancongan & Punggah edar

Industri Hiliran Minyak & Gas

Makanan Halal

ICT



• SUMBER KEWANGAN ALTERNATIF BAGI MEMBIAYAI PROGRAM PEMBANGUNAN

Rangka Peraturan ‘Private Finance Initiatives’

Kriteria Pemilihan

STRATEGI PEMBANGUNAN EKONOMI

1.Mempelbagaikan Ekonomi

2.Suasana Pelaburan Yang Kompetitif Economic Coordination

One Stop Facilitation

Dasar Pemilikan Tanah Perindustrian

Insentif & Akta

3.Pelaburan Asing Terus (FDI)

JABATAN DASAR & PENYELARASANJABATAN DASAR & PENYELARASAN

4.Pembangunan Sumber Manusia

5.Pembangunan Perusahaan Kecil dan Sederhana (PKS)

6.Penswastaan dan Perbadanan

7.Skim Kewangan

JABATAN DASAR & PENYELARASAN (sambungan……..)

JABATAN DASAR & PENYELARASAN (sambungan……..)

• Pengurusan Perlaksanaan Projek Kemajuan Ekonomi Yang Berkesan Peruntukan,

Jadual Perlaksanaan

Penilaian

• Pengawasan Perlaksanaan Projek Kemajuan Ekonomi Timeliness & Kualiti

Value for Money

Accountability

Equity

JABATAN PERLAKSANAAN & PENGAWASAN

JABATAN PERLAKSANAAN & PENGAWASAN

JABATAN PERLAKSANAAN & PENGAWASAN (sambungan……)

JABATAN PERLAKSANAAN & PENGAWASAN (sambungan……)

Rebiu Separa Penggal

Perlaksanaan Private Financing Initiatives

Kawalan Harga

Sukatan & Timbangan

Kegiatan Promosi Jualan

• KIRA-KIRA NEGARA (NATIONAL ACCOUNTS)

• JARINGAN MAKLUMAT (INFO-INTELLIGENCE)

• INDEKS HARGA PENGGUNA (CPI)

• PERANGKAAN PERDAGANGAN LUAR/IMBANGAN PEMBAYARAN

JABATAN PERANGKAANJABATAN PERANGKAAN

• POVERTY STATISTICS

• PIAWAIAN PENYEBARLUASAN DATA (GDDS)

• KAJIAN Banci Penduduk/Perumahan

Banci Ekonomi

Survey

• Rujukan dan Terbitan

JABATAN PERANGKAAN (sambungan……)

JABATAN PERANGKAAN (sambungan……)

• Pengurusan & Perkembangan Organisasi

• Hal-Ehwal Perhubungan Awam

• Kemajuan Sumber Manusia

• Hal Ehwal Produktiviti

• Pengurusan Kewangan

JABATAN PENTADBIRAN & TEKNOLOGI INFO-KOMUNIKASI


• Pengurusan Teknologi Info Komunikasi

• Tekad Pemedulian Orang Ramai

• Budaya & Etika Kerja yang Progresif seperti KKC

• Sekretariat Mesyuarat Eksekutif Jabatan


(sambungan…….)


(sambungan…….)

Documents

ECONOMIC DEVELOPMENT IN BRUNEI DARUSSALAM ECONOMIC STRUCTURE & PERFORMANCE NATIONAL DEVELOPMENT PLANS & ACHIEVEMENTS Jpke.jpm