Enhancing National Productivity through Innovation

Towards improving the country's productivity through innovation in enhancing the non-oil and gas industry's contribution towards the Gross Domestic Product (GDP), the government will continue to cooperate with the private sector to improve process efficacy and the service quality that is more systematic and efficient. This is in line with the Wawasan Brunei 2035.

The third budget focus among other matters implement several ICT projects such as the e-Invoice system to facilitate submission of invoices through online by using the website portal provided by the Ministry of Finance since the 4th of September 2017. The system aimed to reduce arrears due to issues of supplying goods without purchase order. According to Yang Berhormat Dato Seri Paduka Doktor Awang Haji Mohd Amin Liew bin Abdullah, until the 21st of last month, 21 thousand 834 invoices have been submitted through the system by suppliers. From the amount, 15 thousand 448 or 70 point 8 percent of the invoices have been paid. 13 thousand 172 or 85 point 3 percent of the invoices have been settled within 30 days, as per the Client's Charter target. The One Common Billing System, OCBS that will be implemented in phases for government agencies that does not have a billing system, aims to issue and manage arrear claims, as well as process the collection of government revenues more efficiently. To support these projects, a 2-million-dollar allocation has been provided.

In an effort to improve output and farm productivity, the Ministry of Primary Resources and Tourism also implemented a number of initiatives by offering private companies to develop padi farming at Panchor Murai A and B, agriculture at Merangking Kuala Belait, the Wasan rice processing complex and the Sibonghutan eco-tourism site at Kampung Tanah Jambu. The local fishery industry also successfully penetrated the overseas market including Europe, United States, China, Hong Kong and Taiwan.

Yang Berhormat said the provided budget allocation for info-technology under each ministry is 67 point 1 million dollars, and another 6 million dollars have been allocated for research in science, technology and innovation under the National Development Plan. Meanwhile, a 15-million-dollar planning cost has been provided for starting-up and developing aquaculture industrial sites. In the agriculture industry, allocation of planning cost for paddy farming and vegetable farming will be 10 million dollars and 30 million dollars respectively. Another 70-point-7-million dollars have been allocated for the National Development Plan with a planning cost of 231 point 1 million dollars for power supply generation and distribution systems' maintenance.

A budget worth 3 million dollars has been allocated to strengthen tourism products under the National Development Plan. To ensure that the public assets and facilities are maintained properly, budget for asset maintenance for all government ministries and its departments has been increased by 20 percent or 39 point 5 million dollars to 238 point 2 million dollars compared to previous financial years.

Source: Radio Television Brunei

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