The United Nations is facing a severe shortage of cash, and unless more governments pay their annual dues, or their work and reforms are @ risk.
The UN chief António Guterres called on governments to address the reasons for the crisis and agree on measures to put the UN on a sound financial footing.
129 States out of 193 have paid their regular annual dues. Up to 8 October, members have paid $1.99 billion towards the regular budget assessment, which means there is an outstanding amount of around $1.3 billion for 2019.
Israel and the USA are among some of the nations that retreated and/or hold on to their money. Guterres warned that budget implementation was no longer being driven by planning, but according to the availability of cash at hand.
The United Nations is running a deficit of $230 million, Secretary General Antonio Guterres said, and may run out of money by the end of October.
In a letter intended for the 37,000 employees at the UN secretariat and obtained by CBS News’ Pamela Falk, Guterres said unspecified “additional stop-gap measures” would have to be taken to ensure salaries and entitlements are paid.
The UN is now driven to prioritize our work on the basis of the availability of cash, thus undermining the implementation of mandates decided by inter-governmental bodies.
Now vacant posts won’t be filled, travel will be limited, and meetings may have to be canceled. The shortage would also affect regional commissions.
New Europe / ABC Flash Point News 2019.