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ICRC financial situation in 1968

Published online by Cambridge University Press:  01 August 1969

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Extract

Three important events affected the ICRC's financial position in 1968, namely:

1. The decision of the Swiss Federal Council on 13 March to increase to 2.5 million francs Switzerland's regular annual contribution to the ICRC and also to convert into a subsidy the current account advances granted over previous years to finance relief actions. These advances had been drawn from a 7.5 million franc credit granted in 1946.

Type
International Committee of the Red Cross
Information
International Review of the Red Cross (1961 - 1997) , Volume 9 , Issue 101 , August 1969 , pp. 431 - 447
Copyright
Copyright © International Committee of the Red Cross 1969

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