UNITED NATIONS RELEASES ITS 2014-2015 BUDGET.

The United Nations General Assembly on Friday approved a budget of $5.53 billion to cover the organization’s regular operations in 2014-15, cutting it for a second successive time.

But the 193-member body again delayed action on proposals that would allow greater mobility of the United Nations staff and the strengthening of arrangements for partnerships with the private sector.

After lengthy negotiations, the General Assembly voted to reduce the budget by 1 percent from the final spending level set for 2012-13. It also approved a 2 percent reduction of staff positions, or 221 jobs, and a one-year freeze of compensation for staff members.

The regular operating budget does not include the United Nations’ far-flung peacekeeping operations, which are financed by a separate budget that is currently more than $7 billion a year.

The United States pays 22 percent of the organization’s regular budget. The American Mission at the United Nations said it welcomed the “fiscal discipline.”

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s