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In 1989, the $852.7 million NAP payments to island residents made up almost 20% of all US federal money transfers to Puerto Rico that year. [21] It has surpassed $1 billion annually since the early 1990s, and increased 30% from 1993 to 2002. [22] Since fiscal year 2006, the appropriation has reached over $1.5 billion annually. [2]
The Oil-for-Food Programme (OIP) was established by the United Nations in 1995 (under UN Security Council Resolution 986) [1] to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs for ordinary Iraqi citizens without allowing Iraq to boost its military capabilities.
The four sets of bonds were $1.5 billion of both 10-year and 30-year debt along with $1 billion of bonds due in 20 and 40 years. The 20-year bonds were designated as sustainability notes. [61] [62] [63]
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