"Cash Crisis Facing UN In A Decade": Secretary-General Antonio Guterres


Guterres said the plan represented a "profound reflection on the path ahead and deep commitment to our shared work", according to the spokesman.

How did the world body end up more than US$200 million (RM839 million) in the red?

"The Secretary-General further asked governments to address the underlying reasons for the crisis and agree on measures to put the United Nations on a sound financial footing, " he added.

In his statement yesterday, Guterres thanked the 129 member states who have paid up "and urged those who have not paid to do so urgently and in full".

There are 193 member states in the UN. The Trump administration has pushed for a re-evaluation of the United Nations budget and has been skeptical of the U.N.'s alignment with USA interests.

"We are at a tipping point", Guterres said, "and what we do next will matter for years to come". That accounts for approximately one-fifth of the UN's budget.

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United Nations operations in New York, Geneva, Vienna and Nairobi and at regional commissions will be affected.

Yesterday, he indicated that if the world body had not taken the initiative to cut spending since the start of the year, the hole would have been even bigger in October ― possibly US$600 million ― and could have affected last month's General Assembly attended by world leaders.

The News Agency of Nigeria (NAN) reports that the United States is missing on the list of Member States that have paid their regular budget assessments as published on the UN website. That means the USA owes $674 million for the 2019 budget alone.

The top contributing nations to the 2019 regular UN budget are China ($497.3 million), Japan ($354.8 million), Germany ($252.3 million), Britain ($189.2 million) and France ($183, .4 million). It is separate to the peacekeeping budget. Member states have paid $1.99 billion towards the 2019 regular budget assessment, while the outstanding amount for 2019 for regular budget is $1.386 billion.

President Donald Trump had been considering massive cuts in foreign aid but Reuters reported that he decided against those moves after Congressional backlash in August 2019.

"Our work and our reforms are at risk". "The Secretary-General therefore looks to Member States to resolve the structural issues that underlie this annual crisis without further delay".