VOL.XXXIXNo.65/66

23/30-December-1996IRAQ

IraqWill Receive $1.3Bn In Food And Medicines After DeductionsIraq will benefit to the tune of $1.321bn in the coming six months as a resultof the implementation of UN resolution 986 on humanitarian oil sales, butthe regime will not at any stage get its hands on the cash proceeds. Some$679mn, or 34% of the total sales of $2bn allowed every six months, will beabsorbed either by reparations payments to the UN Compensation Fund ($600mn or30%) or by UN...