2003’s third quarter earningsYemen gets $1.3 billion from oil exports [Archives:2003/694/Business & Economy]

The Yemeni government's share of 47.17 million barrels of oil exports during the first three quarters of this year brought Yemen $1.3 billion.
Official statements have made it clear that the total oil exports during the same period of last year amounted to 48.13 million barrels worth $1.2 billion with a drop in production by 2% and an increase in value by 12.55%.
Statements issued the Central Bank of Yemen mentioned that the total amount of the unified budget of commercial banks at the end of the third quarter of the year has risen by YR 16.5 billion and that equals $88.47 million, so that the amount reaches at YR 538.5 billion.
At the end of September 2002 the total amount of the unified budget of commercial banks had been YR 439.9 billion.
Value of foreign trade assets of banks at the end of the third quarter of the year 2003 amounted to YR 154.7 billion, approximately $841.3 million, compared to around YR 145 billion, or $788.7 million at the end of last August, i.e. an increase amounting to YR 9.6 billion by a percentage of 6.6%.
At the end of September 2002 those assets amounted to YR 149.6 billion.
Report of the Central Bank also pointed out that the total of reserves has, at the end of the third quarter of the year 2003, risen by an amount of YR 1.6 billon by 1.9% to YR3.8 billion in the last month.
Deposit certificates valued at YR33.2 billion at the end of last August dropped to YR3.3 billion at the end of last September.
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