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

InternationalNorth Carolina Plane Crash: Retired NASCAR Driver Greg Biffle and Family Among Seven Killed in Statesville Jet Crash

International'Warrior Dividend': Donald Trump Announces $1,776 Christmas Bonus to Active US Soldiers

BusinessUS Stock Exchange Nasdaq Moves Toward 24-Hour Trading, How Will Impact on Indian Share Market

BusinessIndia’s November 2025 Exports Hit Three-Year High Despite US Tariffs

InternationalUS: Two Elderly People Found Dead at Film Director Rob Reiner’s Los Angeles Residence

International Realted Stories

InternationalViolence erupts in Bangladesh after death of radical leader Sharif Osman Hadi

InternationalUS: Brown University shooting suspect found dead in storage facility

InternationalAustralian PM announces national gun buyback following Bondi Beach shooting

InternationalUS court orders bond hearing for Indian detainee

InternationalMedia offices torched, journalists targeted; uneasy calm in Dhaka after night of violent riot following Osman Hadi's death