In 1994 the UN Security Council decided by its Resolution 955 of 8 November 1994 that Arusha should host the International Criminal Tribunal for Rwanda. The establishment of the tribunal with its foreign employees has influenced the local economy of the city increasing the cost of living for residents. The tribunal has downsized due to its closure in 2014, but its legal successor, the International Residual Mechanism for Criminal Tribunals established by United Nations Security Council Resolution 1966, will continue entertaining a branch in Arusha, opening on 1 July 2012.