The commission also approved a further $2,270 million in compensation claims, bringing to $46,300 million the total awarded, of which $16,700 million has been paid. Total claims are about $300,000 million. Settlements will inevitably be much slower given the smaller proportion of revenues devoted to them and the dilapidated state of Iraq's oil infrastructure. According to figures quoted in London's Financial Times, the UNCC expects to receive about $600 million in 2003 compared with $3,000 million in 2002. The UNCC 24-26 June meeting looked at how to prioritise claims given these changed circumstances, and is understood to have decided that small claims should be settled first.
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