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Brunei’s economy records 4.4 pct drop in 2nd quarter

BANDAR SERI BEGAWAN, Oct. 21 (Xinhua) — Brunei’s economy decreased by 4.4 percent year-on-year in the second quarter of 2022, statistical figures released on Friday showed.

According to the country’s Department of Economic Planning and Statistics at the Ministry of Finance and Economy, a decrease of 9.3 percent in crude oil and natural gas production led to a fall in the country’s gross domestic product (GDP) i