I was quite please with today's announcement in Brunei Times about the near completion of Temburong bridge feasibility study. After all these years, we are now one step closer in closing the gap and linking all the 4 districts. Further reading can be found at the following link:
However at the end of the article, it is quite disheartening to learn that our country is still looking for various options to fund the multi-million project. This was revealed by Ministry of Development's Permanent Secretary, Hj Suhaimi bin Hj Gafar. I gasped in amazement how ignorance of us in our government financial capabilities. Since when government spending is revenue constrained. Didn't he realized that our government had the ability and mean to build the Temburong bridge without resorting to private scheme?!
Brunei Darussalam is a monetarily sovereign nation. She create her Brunei dollar without the need of oil and gas money. Brunei had this ability since August 15, 1971 after the collapse of Bretton Woods System. Brunei will never runs out of Brunei dollar. Nowadays, money does not require to be printed into existence. With just a few keystrokes on the computer keyboard, Brunei can "create" hundred of millions worth of Brunei dollars, sufficient enough to build the Temburong bridge.
Only wish people will understand and not being blinded with the notion of government being revenue constrained in its ability to spend.
