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

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Presentation on theme: "ECONOMIC DEVELOPMENT IN BRUNEI DARUSSALAM ECONOMIC STRUCTURE & PERFORMANCE NATIONAL DEVELOPMENT PLANS & ACHIEVEMENTS Jpke.jpm."— Presentation transcript:

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

4 The Brunei Economy in 2004 The The Brunei Economy in 2004  GDP = BND 8,769 million  POPULATION = 357,800  Per Capita GDP= BND 24,508  GDP = BND 8,769 million  POPULATION = 357,800  Per Capita GDP= BND 24,508 Jpke.jpm

5 GDP GROWTH Jpke.jpm

6 WORLD’S OIL PRICE

7 SECTORAL CONTRIBUTION TO GDP Jpke.jpm Based on current prices NON-OIL SECTOR OIL-SECTOR GOVERNMENT PRIVATE OIL & GAS 76.1% 41.0% %

8 STRUCTURE OF THE NON-OIL PRIVATE SECTOR ( ) Jpke.jpm

9 BRUNEI DARUSSALAM’S INTERNATIONAL TRADE Jpke.jpm

10 THE STRUCTURE OF NBD EXPORT ( ) Jpke.jpm OIL & GAS NON-OIL & GAS

11 NON-CONSUMER GOODS CONSUMER GOODS Jpke.jpm THE STRUCTURE OF NBD IMPORT ( )

12 GOVERNMENT REVENUE & EXPENDITURE ( ) Jpke.jpm

13 STRUCTURE OF GOVERNMENT REVENUE ( ) Jpke.jpm OIL AND GAS NON-OIL AND GAS

14 STRUCTURE OF GOVERNMENT EXPENDITURE ( ) Jpke.jpm

15 MONETARY DEVELOPMENT: MONEY SUPPLY [ ] Jpke.jpm

16 AVERAGE ANNUAL GROWTH RATE = 1.5 PER CENT INFLATION RATES IN BRUNEI DARUSSALAM

17 POPULATION STRUCTURE OF BRUNEI DARUSSALAM BRUNEI CITIZENS/PR NON-CITIZENS % Jpke.jpm

18 LABOUR FORCE, EMPLOYMENT & LOCAL JOB SEEKERS IN BRUNEI DARUSSALAM Jpke.jpm Annual av. growth rate = 4.4%, Public Sector = 1.9%, Private Sector = 5.7%

19 THE EMPLOYMENT STRUCTURE IN NBD BY RESIDENTIAL STATUS BRUNEI CITIZENS/PR NON-CITIZENS Jpke.jpm

20 LOCAL EMPLOYMENT BY OCCUPATIONAL CATEGORIES (1991 & 2001) Jpke.jpm

21 NATIONAL DEVELOPMENT PLAN Jpke.jpm

22 NDP 1 NDP2 NDP 3 NDP 4 NDP 5 NDP 6 NDP 7 NDP LONG TERM OBJECTIVES VISION OPP NDP SECTORAL PLANS NATIONAL DEVELOPMENT PLANS Jpke.jpm

23 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 ( )

24 % BND 7.2 BILLION BND 7.3 BILLION BND 5.7 BILLION BUDGET ALLOCATION DEVELOPMENT BUDGET BY SECTOR BND 3.7 BILLION Jpke.jpm

25 SOCIO-ECONOMIC ACHIEVEMENTS GDP PER CAPITA Jpke.jpm

26 SOCIO-ECONOMIC ACHIEVEMENTS INDICATORS Literacy Rates Higher Education Enrolment (%) Labour Force Participation Rates Life Expectancy - MALE FEMALE Infant Mortality Rates/1,000 Births Jpke.jpm

27 SOCIO-ECONOMIC ACHIEVEMENTS INDICATORS Access to Piped Water (%)99 Access to Electricity (%)99 Mobile subscribers/1,000 People7*401 Internet Users/1,000 PeopleNA102 Telephone Lines/1,000 People Note: * Figure for 1990 Jpke.jpm

28 EDUCATIONAL ENROLMENT (%TOTAL) Jpke.jpm SOCIO-ECONOMIC ACHIEVEMENTS Primary/Kg Secondary Tech./Voc Tertiary Total Enrolment 65,51971,21997,02696,936100,819102,762103,682

29 TERTIARY STUDENTS IN SCIENCE, MATHS AND ENGINEERING AS % OF ALL TERTIARY STUDENTS ( ) HDI Rank Country% of tertiary Students 9Japan23 12France25 13United Kingdom29 17Germany31 33BRUNEI6 70Thailand21 110Indonesia28 130Cambodia23 Jpke.jpm

30 >>>33 rd out of 177 countries<<< Components of HDI:- GDP Per Capita Life Expectancy Literacy rate Educational Enrolment Jpke.jpm HUMAN DEVELOPMENT INDEX 2004 Source: United Nations Development Programme, UN

31 Jpke.jpm THE CHALLENGE MAINTAINING PROSPERITY

32 Jpke.jpm SUSTAINABLE DEVELOPMENT VIA ECONOMIC DIVERSIFICATION

33 EMPHASIS IN THE EIGHTH NATIONAL DEVELOPMENT PLAN ( ) Jpke.jpm

34 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 Initiatives 3. Corporatisation, Commercialisation of Government Agencies & Activities Jpke.jpm

35 1.Expand the size of the Private Sector Corporatisation/Privatisation 2.Encourage Local and Foreign Investment 3.Improve Investment Climate 4.Enhance SME’s Capability Study to Enhance Local Participation Study to Enhance Productivity Jpke.jpm Strengthening the Private Sector

36 Improving Investment Climate Investment Incentives Order 2001 Economic Development Board (amendment) Order 2001 Industrial Coordination Order 2001 Industrial Land Ownership Income Tax Order (amendment) 2001 Review of other laws and regulations related to businesses jpke.jpm Improving Legal and Administrative Systems and Procedures

37 1.ICT Infrastructure and Facilities BIT Council e-Government e-Business 2.Export Import hubbing Facilities 3.Tourism Infrastructure 4.Industrial Infrastructure and Facilities Provision of Adequate and Well Planned Infrastructure and Public facilities Jpke.jpm

38 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 HRD Jpke.jpm

39 1.Brunei International Financial Center** 2.Tourism Industry** 3.Transshipment** 4.ICT** 5.Halal Food** 6.Oil & Gas Related Activities** Jpke.jpm Developing the Promoted Sectors

40 INSTITUTIONAL SUPPORTS Brunei Economic Development Board Government Linked Companies Semaun Holdings Financial Institutions - TAIB, IBB, IDBB Others Jpke.jpm

41 Recent Initiatives Mid-Term Review (June 2003) Evaluate the progress of implementation & achievements Ensure effective Programs/Projects implementation Jpke.jpm

42 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 Jpke.jpm

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44 11. Formulation of Relevant Laws 2. Institute/Centre for Islamic Finance Establishment of Islamic Development Bank Infrastructure Regional Office 3. HRD Islamic Financial Centre, UBD Trainings & Seminars Jpke.jpm Brunei International Financial Centre

45 Ecotourism Destination Development Manpower Development for Tourism Industry Promotion and Event Creation Scheme Value : BND 63 million Jpke.jpm Development of the Tourism Industry

46 Transshipment Improvement of Port and Airport Facilities Development of Container Freight Stations Computerization Program Scheme Value : BND60 million Jpke.jpm

47 Poultry Based Production and Processing Fisheries Based Production and Processing Research and Development Food Safety Program Strategic Alliance Allocation : BND 143 million Jpke.jpm Halal Food Development

48 Development of Oil & Gas Related Industries Feasibility studies of expanding down- stream industry. Pulau Muara Besar Project Government Corporation to spearhead the development of downstream industry Scheme Value : BND300 million Jpke.jpm

49 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 Jpke.jpm Development of ICT

50 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

51 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

52 BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE  Dasar Ekonomi Negara  Makro  Mikro  Rancangan Kemajuan Negara (RKN)  Penggubalan  Penyelarasan  Perlaksanaan & Pemantauan

53 BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..)  Perangkaan Negara  Kependudukan  Ekonomi  Hal Ehwal Pembangunan Sumber Manusia  Dasar  Perancangan  Produktibiti

54 BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..)  Pemudah-cara Pembangunan Ekonomi  Dasar  Instrumen  Galakan  Promosi  Perbadanan & Penswastaan  Iklim  Perlaksanaan

55 BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..)  Penyelarasan & Perlaksanaan  Dasar  Perancangan  Pemantauan dan  Penilaian/Pembaikan

56 JABATAN 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

57 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

58 JABATAN PERANCANGAN (sambungan…….) SUMBER KEWANGAN ALTERNATIF BAGI MEMBIAYAI PROGRAM PEMBANGUNAN  Rangka Peraturan ‘Private Finance Initiatives’  Kriteria Pemilihan

59 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 & PENYELARASAN

60 4.Pembangunan Sumber Manusia 5.Pembangunan Perusahaan Kecil dan Sederhana (PKS) 6.Penswastaan dan Perbadanan 7.Skim Kewangan JABATAN DASAR & PENYELARASAN (sambungan……..)

61 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

62 JABATAN PERLAKSANAAN & PENGAWASAN (sambungan……)  Rebiu Separa Penggal  Perlaksanaan Private Financing Initiatives  Kawalan Harga  Sukatan & Timbangan  Kegiatan Promosi Jualan

63 KIRA-KIRA NEGARA (NATIONAL ACCOUNTS) JARINGAN MAKLUMAT (INFO- INTELLIGENCE) INDEKS HARGA PENGGUNA (CPI) PERANGKAAN PERDAGANGAN LUAR/IMBANGAN PEMBAYARAN JABATAN PERANGKAAN

64 POVERTY STATISTICS PIAWAIAN PENYEBARLUASAN DATA (GDDS) KAJIAN  Banci Penduduk/Perumahan  Banci Ekonomi  Survey Rujukan dan Terbitan JABATAN PERANGKAAN (sambungan……)

65 Pengurusan & Perkembangan Organisasi Hal-Ehwal Perhubungan Awam Kemajuan Sumber Manusia Hal Ehwal Produktiviti Pengurusan Kewangan JABATAN PENTADBIRAN & TEKNOLOGI INFO-KOMUNIKASI

66 Pengurusan Teknologi Info Komunikasi Tekad Pemedulian Orang Ramai Budaya & Etika Kerja yang Progresif seperti KKC Sekretariat Mesyuarat Eksekutif Jabatan JABATAN PENTADBIRAN & TEKNOLOGI INFO-KOMUNIKASI (sambungan…….)


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