Middle East Economic Survey
VOL. LIII
No 33
16-Aug-2010
KUWAIT
UNCC Pays A Further $650Mn To Kuwait In Gulf War Reparations
The United Nations agency responsible for handling Gulf War reparations transactions has made $650mn in compensation from sales of Iraqi oil available to the government of Kuwait. The latest disbursement has raised the total amount paid to the emirate since the scheme was introduced in 1991 to $30.15bn, the UN Compensation Commission (UNCC) said in a statement. The new funds...
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