Islamic Finance

Brunei Darussalam's response to mitigate COVID-19 economic fallouts


This article is a chapter out of the e-book, "Impacts of the COVID-19 outbreak on Islamic finance in the OIC countries" that is available as a pdf download from HERE. Read the article in the e-book for the complete set of tables, charts and references. 


 

Brunei Darussalam has been hit by two shocks—the spread of COVID-19 and the sharp decline in global oil prices. The first confirmed case of the novel coronavirus in the country was detected on March 9, 2020, and infections have since increased to 139 as of May 6, 2020.Similar to many other countries, Brunei’s government is actively responding to the risks of the pandemic from further spreading by implementing a range of measures, including strict inbound and outbound travel restrictions and banning all mass gatherings, including weddings and sporting events.

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tags:

COVID-19
Author Profile Image
Abdurrahman Raden Aji Haqqi, Nadiah Hidayati