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On Wed, 13 Oct 1999, Mark Parkinson wrote: > Associated Press quote: > Of $18.2 billion it had sold up to Oct. 5 since the program's start in December 1996, > $10 billion was used for food, medicines and humanitarian supplies, and more than $5 > billion went toward compensation for victims of the Iraqi invasion. > > $10 billion is only 55%. Are these figures accurate? This is a much lower % than I > thought. I have only seen figures up to 31 July, 1999. These are taken from the 19 August "90 day" report of the Secretary-General on Phase VI of oil-for-food. The Annex I of this report (appended to this e-mail) contains the following figures (I have added % in square brackets): $14,230.9 million [100%] total oil sales $7,169.4 million [50.4%] allocated for purchase of humanitarian supplies by the Government of Iraq $158.3 million of interest earned in this account used as above $1,748.8 million [12.3%] allocated for purchase of humanitarian supplies in Iraqi Kurdistan $4,266.3 million [30.0%] to the United Nations Compensation Fund There AP's numbers are not out of line with these. The key point is that their $10 billion (55%) likely refers to the so-called "ESB account". This is the account in the UN escrow account established for oil-for-food that is drawn on by the government of Iraq in Baghdad. It is also known as the 53% account as that is its share of total oil sales. In constrast, the three governorates of Iraqi Kurdistan draw on the ESC (or 13%) account. It is claimed that roughly 15% of Iraq's population lives in these three governorates. Colin Rowat Coordinator, Campaign Against Sanctions on Iraq http://welcome.to/casi *********************************************** * Support the: * * NATIONAL PETITION AGAINST SANCTIONS ON IRAQ * * http://go.to/iraqpetition * * or: 12 Trinity Road, London N2 8JJ * * or: firstname.lastname@example.org * *********************************************** King's College Cambridge CB2 1ST tel: +44 (0)468 056 984 England fax: +44 (0)1223 335 219 [http://www.un.org/Depts/oip/reports/phase6-90day.html] S/1999/896: REPORT OF THE SECRETARY-GENERAL PURSUANT TO PARAGRAPH SIX OF SECURITY COUNCIL RESOLUTION 1242 (1999) Annex I Status of the United Nations accounts pertaining to the Iraq Programme 1. As at 31 July 1999, of the $5.2 billion authorized under resolution 1242 (1999), $897.1 million had been deposited into the account for phase VI, bringing the total oil sale since inception to $14,230.9 million. 2. The allocation of total oil proceeds received from inception to date and the corresponding expenditures are as follows: (a) $7,169.4 million has been allocated for the purchase of humanitarian supplies by the Government of Iraq, as specified in paragraph 8 (a) of resolution 986 (1995). Also, $158.3 million of interest earned in this account was utilized for the purchase of humanitarian supplies in the central and southern governorates of Iraq. In addition, an amount of $349.5 million was due for the reimbursement for bulk purchases made by the Government of Iraq for northern Iraq and distributed by the United Nations Inter-Agency Humanitarian Programme. Letters of credit issued by the Banque nationale de Paris on behalf of the United Nations for the payment of those supplies for the whole of Iraq amounted to $6,639.6 million under phases I to VI; (b) $1,748.8 million has been allocated for the purchase of humanitarian goods to be distributed in the three northern governorates by the United Nations Inter-Agency Humanitarian Programme, as specified in paragraph 8 (b) of Security Council resolution 986 (1995) and revised in paragraph 2 of Council resolution 1153 (1998). Expenditures recorded for humanitarian goods approved by the Security Council Committee amounted to $1,023.1 million; (c) $4,266.3 million has been transferred directly into the United Nations Compensation Fund, as specified in paragraph 8 (c) of resolution 986 (1995). As at 31 July a total of $125.4 million had been allotted to cover the operating expenditures of the Compensation Commission and an amount of $3,739.8 million had been allotted for payment of instalments of "A" and "C" claims; (d) $298.0 million has been allocated for the operational and administrative expenses of the United Nations associated with the implementation of resolution 986 (1995), as specified in paragraph 8 (d) of the resolution. Expenditures for administrative costs for all United Nations entities involved in implementing the resolution amounted to $195.9 million; (e) $101.0 million has been allocated to the United Nations Special Commission for the disarmament of Iraq for its operating expenses, as specified in paragraph 8 (e) of resolution 986 (1995). Expenditures for the Commission amounted to $59.7 million; (f) $537.9 million has been set aside for the costs of transporting petroleum and petroleum products originating in Iraq exported via the Kirkuk-Yumurtalik pipeline through Turkey, in accordance with paragraph 8 (f) of resolution 986 (1995) and in line with procedures adopted by the Security Council Committee. Of that amount, $470.4 million has been paid to the Government of Turkey; (g) $109.5 million has been transferred directly to the escrow account established pursuant to resolutions 706 (1991) of 15 August 1991 and 712 (1991) of 19 September 1991 for the repayments envisaged under paragraph 6 of resolution 778 (1992) of 2 October 1992, as specified in paragraph 8 (g) of resolution 986 (1995) and subsequently in paragraph 34 of my report dated 25 November 1996 (S/1996/978). The total of repayments amounted to $99.5 million. -- ------------------------------------------------------------------------- This is a discussion list run by the Campaign Against Sanctions on Iraq. To be removed/added, email email@example.com, NOT the whole list. Please do not send emails with attached files to the list *** Archived at http://linux.clare.cam.ac.uk/~saw27/casi/discuss.html ***