Middle East Economic Survey

VOL. XLVII

No 40

4-October-2004

IRAQ RECONSTRUCTION

UNCC Awards $377Mn In Gulf War Compensations

The United Nations Compensation Commission (UNCC) met a fortnight ago and approved awards against Iraq for Gulf war reparations totaling $376.92mn. Claims of individuals for losses over $100,000 (category D) made up the largest portion of the awards, totaling $193.46mn, as well as 18 claims also filed under category D on behalf of individuals by three governments for...