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The Secretary General of the UN António Guterres, warned Thursday that his organization was suffering from a lack of cash. The organization is preparing measures of economy, he said in a message to his officials.
This lack of money is caused mainly by the fact that member states do not pay what they owe to time, according to the UN boss, who urged these countries to accelerate the payment of their contribution to the UN budget.
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More: https://t.co/ej5pU6qyfp ] pic.twitter.com/7MJJTAQmpx– United Nations (UN) (@ONU_en) July 26, 2018
"Our cash flow problems have never been so precocious and the general trend is worrisome. We are short of money and we stay in the red longer, "writes António Guterres in his message posted on the UN's internal website. The United Nations has two budgets: one in operation, adopted in December, amounting to $ 5.4 billion over two years, and one for peace operations, adopted in June, of $ 6.7 billion over 12 months
Late US payment
According to the organization, the practice of late payment of financial obligations, defined by distribution keys among the 193 members, is common. But this year, the financial difficulty comes earlier than in previous years, according to the same source, without identifying the precise source of the problem.
According to the UN website, 122 countries were up to date their contributions in July. The list does not include the United States, the largest contributor (22%) of the UN's operating budget to Japan, China, Germany and France. "We are going to need to take measures to reduce costs, first targeting those who are not related to the payment of wages," Guterres said. (ats / nxp)
Created: 27.07.2018, 01:04
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