Economy

Rising Oil Prices

In a question and answer session with the media, the Minister at the Prime Minister’s Office and Second Minister of Finance and Economy, explained that the rising of oil prices could have implications. This is because if the price of energy materials increases, the goods produced also increase.

Yang Berhormat Dato Seri Setia Doktor Awang Haji Mohd Amin Liew bin Abdullah also explained that in the current precarious employment situation, some of the production of goods decreases which also causes the price of goods to rise. Among the strategies to avoid production shortages is to promise a supply of essential goods.

Source: Radio Television Brunei

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