Al-Sahwa [Archives:2005/868/Press Review]

Aug. 11, 2005
Mean headlines

– Civilians and military upset over govt. renouncing its commitments to raise salaries.

– Ministry of Trade sets out weights and prices of bread.

– MP suggests an end to government control over media

The opposition weekly newspaper reported that oil revenues went up over the first half of this year compared to the same period of the past year. It stated that oil revenues increased in the first half of this year with 33% calculating 336 US$ million. The paper added that a report issued by the Yemeni Central Bank indicated that the oil quantity reduced by 5, 46% against the same period of last year.

The report revealed that Yemeni crude oil estimated at US$ 46, 36 per barrel in 2004 against to US$32, 92 per barrel for the same period of the last year. Yemen's revenues of its oil export reached to US$2, 2 billion in 2004 for US$1, 8 in 2003. Oil makes up 93% of Yemen's exports and some 73% of state general budget revenues and around 30% of the GDP.
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