The excellent steadiness of unpaid dues is $1.three billion, UN Secretary-Common Antonio Guterres mentioned.
US President Donald Trump on Wednesday dismissed issues that the United Nations is on the verge of going broke as a result of members haven’t paid their dues, with america main the pack.
“So make all Member Nations pay, not simply america!” Trump tweeted after UN Secretary-Common Antonio Guterres warned that the group will not have the ability to pay its payments and salaries if debtor nations do not cough up their unpaid dues.
In remarks outlining a finances of $2.87 billion subsequent 12 months, Guterres advised the UN finances committee on Tuesday that the group is going through a “extreme monetary disaster.”
The excellent steadiness of unpaid dues is $1.three billion, he mentioned, although a big portion presumably will likely be paid up earlier than the top of the 12 months.
“The state of affairs continues to deteriorate,” he added, calling it the deepest deficit in a decade. “We threat exhausting peacekeeping money reserves and can enter November with out sufficient money to pay payrolls.”
Due to war-torn Syria paying what it owes, 129 of the 193 UN member nations are updated on their dues, that are assessed by a sophisticated method that takes under consideration the dimensions of every nation’s financial system and its debt.
America is concurrently the biggest donor and the biggest debtor.
America owes $381 million from prior budgets and $674 million for the common finances, in response to figures supplied by the US mission to the United Nations. It additionally owes greater than $2.6 billion for lively peacekeeping missions.
The quantity of US debt is to a point a results of the very fact the UN runs its finances on a calendar 12 months whereas the US fiscal 12 months begins in October. A US official mentioned the “overwhelming majority” of the US debt needs to be paid up by the top of November.
Historically, america has paid 22 % of the UN’s working finances and 28 % of its peacekeeping finances. A 1999 legislation limits peacekeeping dues to 25 %, however the cap has continuously been lifted by Congress.
Trump has been crucial of the United Nations, continuously complaining about how a lot america pays.
Over the previous three years, america has accrued about $750 million in arrears for peacekeeping prices, a determine that’s anticipated to method $1 billion by the center of subsequent 12 months. The US arrears have led to money shortages in UN peacekeeping missions, and a few contractors have been paid late.
Cherith Norman Chalet, the US consultant for UN administration and reform, mentioned in an announcement posted on the mission’s web site that america will make its funds “in response to our fiscal 12 months timing and availability of funds.”
(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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