"Still, on Thursday, Trump appeared to endorse funding the UN during the inaugural meeting of his Board of Peace in Washington, DC. We're going to help them money-wise, and we're going to make sure the United Nations is viable, Trump said. And I think it's going to eventually live up to its potential. That will be a big day."
"But unpaid dues have already forced the UN to slash its spending and reduce its services. In a stark warning last month, United Nations Secretary-General Antonio Guterres cautioned that the international body faces an imminent financial collapse unless its financial rules are overhauled or all 193 member nations pay their dues. Guterres revealed that the UN's regular operating budget could be depleted as early as July, a scenario that would severely jeopardise its global operations."
"The UN has indicated that the US owes about $2.196bn to its regular budget, including $767m for the current year. Another $1.8bn is owed for the UN's peacekeeping operations. For years, the UN has faced a financial crisis, with a growing shortfall of contributions. Each of the organisation's 193 member states is required to contribute, based on its economic ability. Poorer countries could be asked to contribute as little as 0.001 percent of the UN's regular budget."
The United States has paid about $160m toward almost $4bn in outstanding United Nations dues, with the payment applied to the UN's regular operating budget. The UN reports the US owes roughly $2.196bn for the regular budget, including $767m for the current year, plus about $1.8bn for peacekeeping operations. Unpaid dues have forced budget cuts and reduced services. Member contributions are assessed by economic capacity, from 0.001 percent for the poorest to up to 22 percent for wealthier states. The Secretary-General warned the regular budget could be depleted by July without rule changes or full payments.
Read at www.aljazeera.com
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