VOL. XLVII

No 17

26-April-2004

BUDGETS AND REVENUES

Crude Oil Price Assumptions For Yemen And Azerbaijan

Yemens budget for 2004 is based on an oil price assumption of $21/B according to Yemen Economic Update, a quarterly report issued by the World Bank in San'a the same price on which the 2003 budget was based. Azerbaijans budget for 2004 is based on an oil price of $20/B and assumed prices for 2005 and 2006 will remain the same, said Deputy Finance Minister Azer Bairamov, according to Russian...