No 9

4 March 2002


UN Oil-For-Food Program Grosses $50.29Bn As Of 31 January

The UN oil-for-food program hasgenerated $50.29bn in gross revenues from the sale of Iraqi oil since its inceptionfrom 10 December 1996 up to 31 January 2002, UN Executive Director of the IraqProgram, Benon Sevan, announced on 26 February on his return from a 14January-10 February visit to Iraq. As of 31 January, 808.2mn had beendeposited into the account for phase 11 of the program, bringing total oilsales...