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U.N. chief warns staff, member states: We're running out of cash

United Nations chief Antonio Guterres has warned staff that the world body is running out of cash and urged member states to pay what they owe as soon as possible, according to letters seen by Reuters on Thursday.

U.N. chief warns staff, member states: We're running out of cash

U.N. chief warns staff, member states: We're running out of cash

STEPANAKERT, JULY 27, ARTSAKHPRESS: Guterres said in a letter sent to member states on Wednesday that as of June 30, the core U.N. budget had a deficit of $139 million and the United Nations had “never faced such a difficult cash flow situation this early in the calendar year.”

“An organization such as ours should not have to suffer repeated brushes with bankruptcy. But surely, the greater pain is felt by those we serve when we cannot, for want of modest funds, answer their call for help,” Guterres wrote.

The U.N General Assembly budget committee agreed in December on a $5.4 billion core U.N. budget for 2018-2019, which U.S. Ambassador Nikki Haley said was a cut of $285 million from 2016-2017. U.N. peacekeeping is funded separately.

According to the United Nations, 112 out of 193 member states have so far paid their share of the core budget. The United States, which is responsible for 22 percent of the budget, traditionally pays later because of its budget year.


     

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