Weekly Business

June 7, 2005

Revisions to the State Budget

THE government is finally to face up to the jump in crude oil prices on the international market. During the last few weeks, the price of this black gold has risen again to above US$50 per barrel. Because of this, the government has revised the assumed crude oil price in the 2005 State Budget. Originally, the government set a price of US$24 per barrel. When it presented the revised 2005 State Budget, the government ch

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