ICRC financial Situation in 1969
A feature of the 1969 balance sheet of the ICRC is the increase in the deficits of its “relief action” accounts. These rose from 2,163,705 francs at the end of 1968 to 6,468,054 francs at the end of 1969, i.e. an increase of 4,304,349 francs. Details of expenditure, with comparable 1968 figures, are as follows:As a counterpart, advances granted by the Swiss Confederation rose from 1,820,000 francs at the end of 1968 to 6,340,000 francs at the end of 1969.