US cutting $285 million off UN contributions.

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U.S. Ambassador to the United Nations Nikki Haley has said that a US$285million reduction in the United Nations (UN) core budget.“This historic reduction in spending – in addition to many other moves toward a more efficient and accountable UN – is a big step in the right direction,” she said.

“The inefficiency and overspending of the United Nations are well known,” Haley said in a statement from the U.S. mission. “We will no longer let the generosity of the American people be taken advantage of or remain unchecked.” Haley said, adding that “inefficiency and overspending” at the world body were “well known.”

“In addition to these significant cost savings, we reduced the UN’s bloated management and support functions, bolstered support for key US priorities throughout the world and instilled more discipline and accountability throughout the UN system,” the statement said.

Haley said she was “pleased” with the result’s of the budget negotiations, adding, “[Y]ou can be sure we’ll continue to look at ways to increase the UN’s efficiency‎ while protecting our interests,”

The General Assembly 2018-2019 budget is $5.396 billion, just under the $5.4 billion sought by UN Secretary-General Antonio Guterres. The United States reportedly negotiated more than $285 million in cuts, according to Sputnik.
The regular budget of the UN is formed from contributions based on the solvency of each of the 193 Member States and calculated on the countries’ average GDP and income per capita. (Telesurtv)

According to the Committee on Contributions of the UN General Assembly, the US is the largest financial contributor to the United Nations, providing 22% of the entire UN budget in 2017. The next biggest contributor is Japan, which contributes just under 10%. EU countries pay a total of about 30%.

From July 2016 to June 2017, 28.6% of all UN peacekeeping operations in 2017 was paid for by the US. (jewishpress)

“While we are pleased with the results of this year’s budget negotiations, you can be sure we’ll continue to look at ways to increase the U.N.’s efficiency while protecting our interests.” Haley said.

Haley’s statement comes after the U.N. voted to condemn the United States for President Donald Trump’s decision to recognize Jerusalem as the capital of Israel. The resolution, backed by nations with long records of extreme human rights abuses, passed 128-9 last Thursday. Haley immediately responded by threatening to reduce America’s U.N. funding.

“The United States will remember this day in which it was singled out for attack in the General Assembly for the very act of exercising our right as a sovereign nation,” Haley told the assembly in New York City.

“We will remember it when we are called upon to once again make the world’s largest contribution to the United Nations and we will remember it when so many countries come calling on us, as they so often do, to pay even more and to use our influence for their benefit.” she claimed.

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