City
Epaper

UN chief asks for 3.12 bln USD for 2022 budget

By ANI | Updated: October 14, 2021 03:20 IST

UN Secretary-General Antonio Guterres on Wednesday asked for nearly 3.12 billion U.S. dollars as the world body's regular budget for 2022.

Open in App

UN Secretary-General Antonio Guterres on Wednesday asked for nearly 3.12 billion U.S. dollars as the world body's regular budget for 2022.

"To fully implement the mandates entrusted to us, we will require a total of 3.12 billion U.S. dollars before re-costing, which represents a net reduction of 2.8 percent compared to 2021, despite additional activities and mandates," he told the Fifth Committee of the UN General Assembly, which handles budgetary affairs.

The proposed budget covers a total of 10,005 posts, or a net increase of 46 posts over 2021. Most of the added posts (43) would be for the UN relief agency for Palestine refugees to support education, health care and general assistance, he said.

After a rocky start at the beginning of 2021, the liquidity situation of the United Nations improved in the course, said Guterres.

2021 started poorly, with collections in the first quarter trailing estimates by nearly 199 million dollars, added to the 808-million-dollar arrears from the previous year, he said.

The world body saw a record collection in April of 1 billion dollars, bringing the total to 76 percent of the year's total assessment. That was also a record for early collection. The improved liquidity has allowed the United Nations to lift most of the temporary cash-management measures, he said.

"However, this should not lull us into complacency. The overall total masks numerous fluctuations in collections each month, pointing to the challenges of planning budget implementation with such uncertainties. Our fair-weather regulatory framework leaves much to be desired, and it is my hope that member states will see the need for full and predictable funding so that we can focus on the delivery of our mandates guided by the budgets and not by cash on hand," said Guterres. (ANI/Xinhua)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: HomoFifth committeeUn General AssemblyPalestine
Open in App

Related Stories

BusinessAnil Ambani’s Reliance Power and Reliance Infra Shares Zoom Even as Indian Markets Tumble Amid US Tariffs

InternationalMissouri House Blast: 5 Injured After Huge Explosion Damages 20 Homes in St Louis County

InternationalHurricane Erin Enters Into Category 2 Storm With Maximum Winds of 100 mph, Heavy Rainfall Over Caribbean Islands Likely

InternationalIowa Shooting: Two Killed, One Injured In Firing and Blast in Glenwood; Suspect Arrested

InternationalGeorgia Shooting: 5 Soldiers Injured at Army Base Camp in Fort Stewart

International Realted Stories

InternationalMarco Rubio, Wang Yi hold call on bilateral, global issues

InternationalProtesters heckle Trump at Washington restaurant

International'We will continue to strike,' says Netanyahu after Israel pounds Houthi targets

InternationalState comptroller slams Israeli government over civilian failures during Iran war

InternationalKathmandu Mayor appeals for peace; endorses appointing former chief justice as interim govt head