United Nations Secretary General Antonio Guterres has warned staff that the world body is running out of cash and urged member states to pay what they owe as soon as possible.
Guterres said in a letter sent to member states that as of June 30, the core U.N. budget had a deficit of US$139 million and the United Nations had “never faced such a difficult cash flow situation this early in the calendar year.”
The U.N General Assembly budget committee agreed in December on a US$5.4 billion core U.N. budget for 2018‑2019, which U.S.
Ambassador Nikki Haley said was a cut of US$285 million from 2016‑2017. U.N. peacekeeping is funded separately.
According to the United Nations, 112 out of 193 member states have so far paid their share of the core budget.
The United States, which is responsible for 22% of the budget, traditionally pays later because of its budget year.
[Source: BBC]
