Author: 
SAEED AL-BATATI | ARAB NEWS
Publication Date: 
Wed, 2011-01-26 00:54

The report stated the money supply has dropped to YR2.17 trillion by the end of October  in comparison to YR2.190 trillion in September last year and the net of foreign assets in the Yemeni banking system has reached 1.7 trillion in comparison to 1.678 trillion in September.
The budget of the Central Bank reached YR1.832 by the end of October with YR36 billion decline.
On the contrary, Yemen  revenues from oil exports have increased to $2.25 billion by end of October 2010, compared to $1.47 billion in October 2009 with an estimated increase of $552 million, Saba News Agency reported.
Yemen Central Bank issued a report saying that the increase of the revenue is attributed to the increase of Yemen’s share in oil exports quantities which reached in 2010 26 million barrels in comparison to 24 million barrels in 2009.
The average price of a barrel during the past first ten months was $66 a barrel compared with $60.20 a barrel during the same period of 2009.The local consumption declined by the end of October to 20.8 million barrels in comparison to 21.940 million barrels during the same period in 2009. 
 

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