Economy

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VISAS: Visitors from most countries do not require a visa for stays of up to 90 days on holiday or 30 days on business. Travellers are highly recommended to travel with a printed return ticket, along with the address for their stay, be it a hotel or a residence. Visitors on a 90- or 30-day visa can...

John Brash: Diversification has been a deliberate policy of GCC governments for some time. The drop in hydrocarbon revenues actually shows this to have been apt and robust. So while the doom-and-gloomers would have us think the region was forced to diversify, it is actually the opposite: a case of foresight being proven. The result is that the GCC has, in the main, been able to ride out the fall in oil prices with typical panache. 

Articles & Analysis | Diversity drive: Page 18 from The Report: Brunei Darussalam 2016

 

Government revenues have declined as a result of the global oil market slowdown, and the 2016/17 budget reflects this. However, moves to increase foreign investment and support economic diversification also factor into the government’s spending plans, with non-oil growth becoming increasingly critical, as evidenced by allocations to education...

Articles & Analysis | Brunei Darussalam in figures: from The Report: Brunei Darussalam 2016

In a bid to help improve inclusive growth and employment, Egypt’s central bank has taken aggressive steps to help expand commercial lending to the country’s small and medium-sized enterprises (SMEs).

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