Council Extends Iraq Oil-for-Food Program
From Times Wire Reports
The Security Council approved a six-month extension of the U.N. humanitarian program for Iraq, aiming to get more aid to the country’s neediest people and provide its ailing oil industry with up to $530 million in additional funding. Whether Iraq actually gets the money will depend on its willingness to cooperate with the U.N., which is required to monitor how funds are spent. The oil-for-food program allows the sale of oil only if proceeds go for humanitarian supplies or oil equipment.
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