VOL. XLI

No. 23

8-June-1998

IRAQ

Iraq's Supplementary Distribution Plan Sets Ambitious Targets

Iraq's distribution plan, which was approved by UN Secretary General Kofi Annan on 29May, has been increased to $4.5bn over the next six months, with $3.1bn allotted forhumanitarian supplies (see table below). Whether Baghdad will be able to produce enoughoil to generate the required revenue will depend on favorable world oil prices and aspeedy Security Council resolution to allow the purchase of...