U.N. cutting $285 million off UN Budget

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The United Nation General Assembly Has Approved A Budget Reduction Of $286 Million For 2018-2019 . This reduction, the U.N. states is due to across the board reductions in contractual services, furniture and equipment, consultation and travel.

 

The New Budget Of $ 5.397 Billion, Passed In Late December Is Less Than that Proposed By Antonio Guterres, Secretary General. According To United Nations Press Releases And Official News Stories, His October 11, 2017 Proposal was A 4% Reduction Or Slightly Less Than $200 M.

In Other Action, The General Assembly Approved A Change To The Budget Period To A Single Year Starting In 2020.

 

U.S. Ambassador to the United Nations Nikki Haley has announced that she has negotiated a $286M reduction to the United  nations budget for 2018-2019.

Resultado de imagen para Nikki Haley
The U.S ambassador to the United Nations Nicky Haley. Credit: U.S Department of State; U.S. Mission to the U.N. [CC BY 2.0], via Flickr
“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 in a statement.

“The inefficiency and overspending of the United Nations are well known. We will no longer let the generosity of the American people be taken advantage of or remain unchecked.”

Haley added that “inefficiency and overspending” at the world body were “well known.”

“[Y]ou can be sure we’ll continue to look at ways to increase the UN’s efficiency while protecting our interests,” she said.

The General Assembly 2018-2019 budget is $5.396 billion, just under the $5.4 billion sought by UN Secretary-General Antonio Guterres. (AFP)

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. (Factly)

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

From July 2016 to June 2017, 28.6 percent of all UN peacekeeping operations in 2017 was paid for by the U.S. (Jewish Press)

U.S. President Donald Trump last week threatened to cut off financial aid to countries that voted in favor of a draft United Nations resolution calling for the United States to withdraw its decision to recognize Jerusalem as Israel’s capital. A total of 128 countries backed the resolution, which is non-binding, nine voted against and 35 abstained.

“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.

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