The Panel finds that these features give rise to a heightened risk of overstatement of the claims.

The Panel observes that D1 claims are typically for small amounts and that the risk of overstatement is minimal.

In paragraph 42, the Board recommended that the Tribunal update regularly the provisions for repatriation allowances to avoid their overstatement.

The Panel considers that these features of the claims population give rise to a potential risk of overstatement of the claims.

The Panel initially considered applying a global adjustment tailored to the aspects of the Palestinian D claims that appeared most susceptible to overstatement.

It is no overstatement to say that those efforts, which boosted trade and investment in the region, formed the foundation of Japan s national power today.

Moreover, the overstatement of the threat posed by Iran is also being used as a convenient excuse for political inflexibility and stagnating reform processes throughout the region.

Concerned that these features give rise to a heightened risk of overstatement, the Panel undertook appropriate measures to assist in the verification and valuation of the claims.

At the direction of the Panel, a statistical analysis of each loss type was undertaken for the purpose of identifying what loss types were most susceptible to overstatement.

The Panel is satisfied that its individual review of the claims in this instalment has adequately addressed the risk of overstatement in relation to the D8 D9 loss type.

Accordingly, the Panel finds that the individual review procedures, in conjunction with the capped limit on awards prescribed in Governing Council decision 8, were sufficient to address any risk of overstatement.

Where the Panel is of the view that insufficient evidence was given to support either the fact of loss or the value of loss, the Panel has adjusted the claim to account for this risk of overstatement.

More importantly, despite the promising news coming from Germany these days, it would be an overstatement to call the German economy a growth engine for Europe, given that it, too, is growing more slowly than the euro zone as a whole.

Four individual claimants that were identified as overlapping with four E4 claimants assert new or greater losses in respect of E4 claims and have provided evidence that reduced the risk of overstatement arising from evidentiary shortcomings in the E4 claims.

As stated above, the eligible category D Palestinian late claims have a higher incidence of loss types and higher amounts claimed than claims in the regular category D claims programme, giving rise to a potential risk of overstatement of the claims.

These additional verification measures were generally undertaken in circumstances where there was a risk of overstatement as a result of a high claimed amount or in cases where the Panel questioned the credibility of the claimant as a result of potential irregularities noted in the documentary evidence.

Owing to the overstatement of expenditures pertaining to the 2003 04 financial period shown in the report of the Secretary General on the financing of the United Nations Operation in Burundi dated 21 March 2005 (A 59 748), the unencumbered balance for the period was understated by 115,500 (gross and net).