Although Iraq “agreed”, this was not possible because of damage to Iraq’s oil industry, during the Gulf War and voluntary contributions from Member-States, plus the U.N.’s Working Capital Fund covered the costs of establishing the UNCC. Then, in 1992, Security Council Resolution 778 allowed these funds to be reimbursed by Iraqi funds that had been frozen by various governments.
Finally, in December 1996, the “oil-for-food” program was launched and the U.N. Compensation Commission could operate fully, utilising a percentage of the “oil-for-food” program. Obviously the term “food” has various connotations to some U.N. Member-States.
The Governing Council of the U.N.C.C. “establishes the criteria for the compensability of claims, the rules and procedures for processing the claims, the guidelines for the administration and financing of the Compensation Fund and the procedures for the payment of compensation. It reports regularly to the Security Council on the Commission’s work.”
“In December 1997, the secretariat presented to the Committee, for the first time, a biennium budget, thus bringing the Commission into line with standard United Nations practice. The Council approved the budget and allocated US$82.3 million for the Commission's operations for 1998-1999.”
(The “U.N. OBSERVER” does not yet have the next two Budgets but we felt that due to the mounting calls for war, it is best to consider the available information and allow our readers to check the known facts, themselves.)
Finally, in December 1996, the “oil-for-food” program was launched and the U.N. Compensation Commission could operate fully, utilising a percentage of the “oil-for-food” program. Obviously the term “food” has various connotations to some U.N. Member-States.
The Governing Council of the U.N.C.C. “establishes the criteria for the compensability of claims, the rules and procedures for processing the claims, the guidelines for the administration and financing of the Compensation Fund and the procedures for the payment of compensation. It reports regularly to the Security Council on the Commission’s work.”
“In December 1997, the secretariat presented to the Committee, for the first time, a biennium budget, thus bringing the Commission into line with standard United Nations practice. The Council approved the budget and allocated US$82.3 million for the Commission's operations for 1998-1999.”
(The “U.N. OBSERVER” does not yet have the next two Budgets but we felt that due to the mounting calls for war, it is best to consider the available information and allow our readers to check the known facts, themselves.)