Jpke .jpm ECONOMIC DEVELOPMENT IN BRUNEI DARUSSALAM ECONOMIC STRUCTURE & PERFORMANCE NATIONAL DEVELOPMENT PLANS & ACHIEVEMENTS Jpke .jpm The Brunei Economy in 2004 GDP = BND 8,769 million POPULATION = 357,800 Per Capita GDP= BND 24,508 GDP GROWTH 1985-2004 Jpke .jpm 5 4 3 2 2003 2001 YEAR 1999 -4 -5 1997 1995 1993 1991 1989 1987 -2 -3 1985 1 % 0 -1 WORLD’S OIL PRICE 1985-2004 USD/BARREL Jpke .jpm 45 40 35 30 25 20 15 10 5 0 41.8 29.71 27.47 23.52 21.18 18.35 18.31 14.48 21.97 25.33 21.48 18.82 24.67 18.57 18.28 20.73 30.17 17.05 15.18 13.43 2003 2001 1999 1997 1995 1993 1991 1989 1987 1985 YEAR SECTORAL CONTRIBUTION TO GDP Jpke .jpm 100 90 76.1% PRIVATE 80 70 NON-OIL SECTOR 60 % GOVERNMENT 50 40 30 OIL & GAS 20 41.0% OIL-SECTOR 10 0 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 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 Based on current prices STRUCTURE OF THE NON-OIL PRIVATE SECTOR (1996-2003) Jpke .jpm 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 1996 1997 1998 1999 2000 2001* 2002* 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 2003* BRUNEI DARUSSALAM’S INTERNATIONAL TRADE 1991-2004 Jpke .jpm BND (million) 10,000 8,000 6,000 4,000 2,000 2003 2001 1999 1997 1995 1993 1991 YEAR Trade Balance Exports Imports THE STRUCTURE OF NBD EXPORT (1991-2004) 100 90 80 70 60 % 50 40 30 20 10 0 Jpke .jpm NON-OIL & GAS OIL & GAS 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 YEAR THE STRUCTURE OF NBD IMPORT (1991-2003) Jpke .jpm 100 90 80 70 NON-CONSUMER GOODS 60 % 50 40 30 20 CONSUMER GOODS 10 0 1991 1992 1993 1994 1995 1996 1997 1998 1990 2000 2001 2002 2003 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 BND (million) GOVERNMENT REVENUE & EXPENDITURE (1985-2004) Jpke .jpm 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 2004 2002 2000 1998 YEAR 1996 1994 1992 Revenue 1990 1988 1986 1984 Total Exp STRUCTURE OF GOVERNMENT REVENUE (1991-2004) 100 Jpke .jpm NON-OIL AND GAS 80 60 % OIL AND GAS 40 20 0 2003 2001 1999 1997 1995 1993 1991 YEAR BND (Million) STRUCTURE OF GOVERNMENT EXPENDITURE (1991-2004) Jpke .jpm 5,000 100 4,000 80 3,000 60 2,000 40 1,000 20 - 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 Current YEAR Current as % of Total Expenditure % MONETARY DEVELOPMENT: MONEY SUPPLY [1985-2003] Jpke .jpm 5,000 BND (MILLION) 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 YEAR INFLATION RATES IN BRUNEI DARUSSALAM 1985 - 2004 Jpke .jpm 8 6 4 % 2 0 AVERAGE ANNUAL GROWTH RATE = 1.5 PER CENT 2003 YEAR 2001 -4 1999 1997 1995 1993 1991 1989 1987 1985 -2 POPULATION STRUCTURE OF BRUNEI DARUSSALAM Jpke .jpm 100 90 80 76.7 NON-CITIZENS 72.9 73.4 70 % 60 50 40 BRUNEI CITIZENS/PR 30 20 10 0 1981 1991 2001 LABOUR FORCE, EMPLOYMENT & LOCAL JOB SEEKERS IN BRUNEI DARUSSALAM 2000-2003 Jpke .jpm 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 2000 Public 2001 Private 2002 Job Seekers 2003 2004 Labour Force Annual av. growth rate 1991-2003 = 4.4%, Public Sector = 1.9%, Private Sector = 5.7% THE EMPLOYMENT STRUCTURE IN NBD BY RESIDENTIAL STATUS Jpke .jpm 100 90 80 NON-CITIZENS 70 63.6 60 57.7 54.2 50 40 30 BRUNEI CITIZENS/PR 20 10 0 1981 1991 2001 LOCAL EMPLOYMENT BY OCCUPATIONAL CATEGORIES (1991 & 2001) Legislators 100 Unclassified Professionals 73.8 86 75 50 Elementary Technicians 82.1 24 0 44.7 26.3 Machine Operators 88.8 45.3 Clerical 67 Craft Service Workers 1991 2001 Skilled Agri./Fishery Jpke .jpm Jpke .jpm NATIONAL DEVELOPMENT PLAN NATIONAL DEVELOPMENT PLANS 19531958 19621966 19751979 19801984 19861990 19911995 19962000 LONG TERM OBJECTIVES 1986-2005 20012005 Jpke .jpm 2006-2035 VISION OPP NDP SECTORAL PLANS LONG TERM DEVELOPMENT OBJECTIVES (1986-2005) Jpke .jpm • 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. DEVELOPMENT BUDGET BY SECTOR Jpke .jpm BUDGET ALLOCATION 35 BND 5.7 BILLION 33.3 32 BND 7.2 BILLION 30 28 25 20 BND 3.7 BILLION 19.3 21 20.4 22 BND 7.3 BILLION 22 20 20 % 16 15 15 20 13 10 9.3 11 9.9 11 11 9 8 7.6 5 8 7 7 4 2 2 0.3 0 NDP5 Ind & Commerce NDP6 Tran & Com Social Services NDP7 Public Utilities Public Building NDP8 Securities Misc ICT & S&T SOCIO-ECONOMIC ACHIEVEMENTS Jpke .jpm GDP PER CAPITA 1982 - 2004 50,000 BND 40,000 30,000 20,000 10,000 0 2004 2002 2000 1998 1996 1994 1992 1990 1988 1986 1984 1982 YEAR SOCIO-ECONOMIC ACHIEVEMENTS Jpke .jpm 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 72.1 76.5 74.0 77.1 Infant Mortality Rates/1,000 Births 11.1 6.8 SOCIO-ECONOMIC ACHIEVEMENTS Jpke .jpm 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 SOCIO-ECONOMIC ACHIEVEMENTS EDUCATIONAL ENROLMENT (%TOTAL) Jpke .jpm 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 Jpke .jpm % 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 HUMAN DEVELOPMENT INDEX 2004 Jpke .jpm >>>33rd out of 177 countries<<< • Components of HDI:• GDP Per Capita • Life Expectancy • Literacy rate • Educational Enrolment Source: United Nations Development Programme, UN Jpke .jpm THE CHALLENGE MAINTAINING PROSPERITY Jpke .jpm SUSTAINABLE DEVELOPMENT VIA ECONOMIC DIVERSIFICATION Jpke .jpm EMPHASIS IN THE EIGHTH NATIONAL DEVELOPMENT PLAN (2001 - 2005) Strengthening Government Finances Jpke .jpm 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 Strengthening the Private Sector Jpke .jpm 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 Improving Legal and Administrative Systems and Procedures jpke.jpm 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 Provision of Adequate and Well Planned Infrastructure and Public facilities Jpke .jpm 1. ICT Infrastructure and Facilities • BIT Council • e-Government • e-Business 2. Export Import hubbing Facilities 3. Tourism Infrastructure 4. Industrial Infrastructure and Facilities Effective Implementation of HRD Jpke .jpm 1. HRD National Policy Review • Engaging HRD Expert 2. HRD Fund (BND250 million) • Special Scholarship • Entrepreneurship Development • Specialists & Experts Development • Skill Development Developing the Promoted Sectors Jpke .jpm 1.Brunei International Financial Center* 2.Tourism Industry* 3.Transshipment* 4.ICT* 5.Halal Food* 6.Oil & Gas Related Activities* INSTITUTIONAL SUPPORTS Jpke .jpm • Brunei Economic Development Board • Government Linked Companies • Semaun Holdings • Financial Institutions - TAIB, IBB, IDBB • Others Recent Initiatives Jpke .jpm • Mid-Term Review (June 2003) • Evaluate the progress of implementation & achievements • Ensure effective Programs/Projects implementation Future Directions Jpke .jpm • 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 Brunei International Financial Centre Jpke .jpm 1. 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 Development of the Tourism Industry Jpke .jpm • Ecotourism Destination Development • Manpower Development for Tourism Industry • Promotion and Event Creation Scheme Value : BND 63 million Transshipment Jpke .jpm • Improvement of Port and Airport Facilities • Development of Container Freight Stations • Computerization Program Scheme Value : BND60 million Halal Food Development Jpke .jpm • Poultry Based Production and Processing • Fisheries Based Production and Processing • Research and Development • Food Safety Program • Strategic Alliance Allocation : BND 143 million Development of Oil & Gas Related Industries Jpke .jpm • Feasibility studies of expanding downstream industry. • Pulau Muara Besar Project • Government Corporation to spearhead the development of downstream industry Scheme Value : BND300 million Development of ICT Jpke .jpm • 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 Brunei International Financial Centre Jpke .jpm 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) STRUKTUR ORGANISASI JABATAN PERANCANGAN DAN KEMAJUAN EKONOMI Setiausaha Tetap Jabatan Perdana Menteri KETUA PENGARAH JABATAN PENTADBIRAN DAN TEKNOLOGI INFOKOMUNIKASI TIMBALAN KETUA PENGARAH 2 JABATAN PERANCANGAN JABATAN PERANGKAAN TIMBALAN KETUA PENGARAH 1 JABATAN PERLAKSANAAN DAN PENGAWASAN JABATAN DASAR DAN PENYELARASAN BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE Dasar Ekonomi Negara Makro Mikro Rancangan Kemajuan Negara (RKN) Penggubalan Penyelarasan Perlaksanaan & Pemantauan BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) Perangkaan Negara Kependudukan Ekonomi Hal Ehwal Pembangunan Sumber Manusia Dasar Perancangan Produktibiti BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) Pemudah-cara Pembangunan Ekonomi Dasar Instrumen Galakan Promosi Perbadanan & Penswastaan Iklim Perlaksanaan BIDANG TUGAS DAN TANGGUNGJAWAB UTAMA JPKE (sambungan……..) Penyelarasan & Perlaksanaan Dasar Perancangan Pemantauan dan Penilaian/Pembaikan 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 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 JABATAN PERANCANGAN (sambungan…….) • SUMBER KEWANGAN ALTERNATIF BAGI MEMBIAYAI PROGRAM PEMBANGUNAN Rangka Peraturan ‘Private Finance Initiatives’ Kriteria Pemilihan JABATAN DASAR & PENYELARASAN 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 (sambungan……..) 4. Pembangunan Sumber Manusia 5. Pembangunan Perusahaan Kecil dan Sederhana (PKS) 6. Penswastaan dan Perbadanan 7. Skim Kewangan JABATAN PERLAKSANAAN & PENGAWASAN • 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 (sambungan……) Rebiu Separa Penggal Perlaksanaan Private Financing Initiatives Kawalan Harga Sukatan & Timbangan Kegiatan Promosi Jualan JABATAN PERANGKAAN • KIRA-KIRA NEGARA (NATIONAL ACCOUNTS) • JARINGAN MAKLUMAT (INFOINTELLIGENCE) • INDEKS HARGA PENGGUNA (CPI) • PERANGKAAN PERDAGANGAN LUAR/IMBANGAN PEMBAYARAN JABATAN PERANGKAAN (sambungan……) • POVERTY STATISTICS • PIAWAIAN PENYEBARLUASAN DATA (GDDS) • KAJIAN Banci Penduduk/Perumahan Banci Ekonomi Survey • Rujukan dan Terbitan JABATAN PENTADBIRAN & TEKNOLOGI INFO-KOMUNIKASI • Pengurusan & Perkembangan Organisasi • Hal-Ehwal Perhubungan Awam • Kemajuan Sumber Manusia • Hal Ehwal Produktiviti • Pengurusan Kewangan JABATAN PENTADBIRAN & TEKNOLOGI INFO-KOMUNIKASI (sambungan…….) • Pengurusan Teknologi Info Komunikasi • Tekad Pemedulian Orang Ramai • Budaya & Etika Kerja yang Progresif seperti KKC • Sekretariat Mesyuarat Eksekutif Jabatan