THJ
04-06-2010, 01:13 PM
http://www.un.org/News/ossg/hilites.shtml
SECURITY COUNCIL IS BRIEFED ON DEVELOPMENT FUND FOR IRAQ, GUINEA-BISSAU
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The UN Controller, Jun Yamazaki, today briefed the Security Council in an open meeting on the activities of the Development Fund for Iraq. He told the Council that, once all outstanding activities under the Oil-for-Food Programme are concluded, all other remaining funds should be transferred from the Iraq Escrow Account to the Development Fund.
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Yamazaki said that the action plan and timeline presented by the Government of Iraq for successor arrangements to the Development Fund is realistic. He said that he was pleased that the Government of Iraq plans to select an independent international auditor to confirm that all proceeds of export sales of petroleum, petroleum products and natural gas from Iraq are accounted for.
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At the same time, he added, work remains to be done to fully implement the action plan as presented by the Government of Iraq for the transition to successor arrangements for the Development Fund.
*
The Council continued its discussions on Iraq in consultations, and later took up Guinea-Bissau.
SECURITY COUNCIL IS BRIEFED ON DEVELOPMENT FUND FOR IRAQ, GUINEA-BISSAU
*
The UN Controller, Jun Yamazaki, today briefed the Security Council in an open meeting on the activities of the Development Fund for Iraq. He told the Council that, once all outstanding activities under the Oil-for-Food Programme are concluded, all other remaining funds should be transferred from the Iraq Escrow Account to the Development Fund.
*
Yamazaki said that the action plan and timeline presented by the Government of Iraq for successor arrangements to the Development Fund is realistic. He said that he was pleased that the Government of Iraq plans to select an independent international auditor to confirm that all proceeds of export sales of petroleum, petroleum products and natural gas from Iraq are accounted for.
*
At the same time, he added, work remains to be done to fully implement the action plan as presented by the Government of Iraq for the transition to successor arrangements for the Development Fund.
*
The Council continued its discussions on Iraq in consultations, and later took up Guinea-Bissau.