Government's $7 Billion For Development Highlighted

Bandar Seri Begawan - The government has allocated some B$7 billion in the Eight National Development Plan, which covers infrastructure, economy, education, health, religious and social.

The Permanent Secretary at the Prime Minister's Office Dato Haji Hazair yesterday said at gathering with residents of Mukim Lumapas yesterday.

Dato Haji Hazair said the government of His Majesty for the last two years have allocated $1 billon a year.

In an effort to develop the economy and boost the development of Small and Medium Enterprise (SMEs) in the country, the government has allocated $200 million in 2001 under the Short Term Economic Recovery Scheme.

Last year, $50 million were set aside for the start-up Capital Credit Fund to help SMEs entrepreneurs set up their business.

Through the Brunei Info-Technology Council, two committees have also been formed, the e-government executive committee and the e-commerce committee.

The government allocated nearly a billion dollar towards the implementation of the e-government, which he said would provide job opportunities for locals.

The gathering was held at the Business Complex, Menjalin Sport and Recreation Complex, Sungai Kebun. -- Courtesy of Borneo Bulletin

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