The United Nation General Assembly approved a budget reduction of $286 million for 2018-2019.
The UN states this is due to across the board reductions in contractual services, furniture and equipment, consultation and travel.
U.S. Ambassador to the United Nations Nikki Haley said the $286M reduction to the United Nations budget was “historic” and a “step in the right direction.”
“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,” she said in a statement.
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 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.