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  Local
272criminal cases regulate in the capital Sanaa in the past week
[20 October 2018]
Report: Yemen invaders cemetery
[20 October 2018]
The Executive Office of the Yemeni Women's Union appeals to the organizations for assistance affected by tropical Cyclone "Luban
[17 October 2018]
President calls for the establishment of an aid fund in affected by the tropical cyclone in Al-Mahara
[17 October 2018]
Parliament calls for its members abroad to come back home
[16 October 2018]
 
  Saudi Aggression War against Yemen
3 women killed in Saudi-paid mercenaries artillery shelling in Taiz
[20 October 2018]
Army joint attack of Yemeni drone, missile force targets command invading forces in western coast
[20 October 2018]
Dozens of Saudi-paid mercenaries killed, injured in offensive in Jawf
[20 October 2018]
Army foils infiltration attempt in Najran
[20 October 2018]
Army attack Saudi 'sites in Dellah
[20 October 2018]
 
  Reports
Report: Dozens of Saudi-paid mercenaries killed, injured in military attacks!
[20 October 2018]
Report: Why the Poverty in Yemen rises to 8.5 during this year !
[20 October 2018]
Report: Coalition airstrikes hit Hodeidah, Saada in the past 24 hours
[20 October 2018]
Reports: Saudi aggression airstrikes hit Saada in the past 24 hours
[17 October 2018]
Reports: Saudi aggression airstrikes hit water sources and markets in Saada ,Hodeidah in the past 24 hours
[13 October 2018]
 
  International
Report: Yemen invaders cemetery
[20 October 2018]
FM sends letter to EU's High Representative for Foreign Affairs
[16 October 2018]
From south to north .. No to starvation and occupation in Yemen
[16 October 2018]
Israeli occupation suppresses peaceful demonstrations in Gaza
[13 October 2018]
Parliament's Speaker congratulates Ugandan counterpart on National Day
[08 October 2018]
  Economy
Oil price decline to lose Yemen $ 0.5 bln, official
[07/February/2015]

SANA'A, Feb. 07 (Saba) - The State budget will lose about $ 359 million this year if the oil price was $ 65 a barrel, and if it dropped to $ 50 per barrel, the total loss of Yemen will be nearly $ 504 million, Undersecretary of Finance Ministry Ahmed Hajar said.

The government's share of crude oil is estimated at 38 million barrels in 2015, Hajar explained during a seminar organized on Saturday by the Chamber of Commerce and Industry the capital Sana'a in cooperation with the Economic Observatory for Studies and Consultations on the effects of lower oil prices on the Yemeni economy and the government budget.

The total oil production is expected to reach 169 thousand barrels per day and the natural gas production to 167 thousand barrels a day, Hajar added.

Hassan al-Kaboos, head of the chamber of commerce and industry in the capital Sana'a, affirmed the importance of the seminar in clarifying the direct and indirect effects of lower oil prices on the national economy.

Al-Kaboos pointed to the significance of oil and its derivatives for industry, agriculture, commerce and all areas of the modern economy as an essential and assistant factor in all these activities.

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UPDATED ON : Sat, 20 Oct 2018 12:53:32 +0300