PNA
14 Oct 2021, 12:36 GMT+10
UNITED NATIONS - UN Secretary-General Antonio Guterres on Wednesday asked for nearly USD3.12 billion 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.
He said 2021 started poorly, with collections in the first quarter trailing estimates by nearly USD199 million, added to the USD808-million arrears from the previous year.
The world body saw a record collection in April of USD1 billion, 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," Guterres said. (Xinhua)
Get a daily dose of Manila Metro news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manila Metro.
More InformationHONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
Washington, DC [US], July 8 (ANI): Following Beijing's announcement of the opening of another civilian air route near the unofficial...
Washington DC [US], July 8 (ANI): US President Donald Trump on Monday (local time) said that the proposed tariff arrangements are intended...
TAIYUAN, July 8 (Xinhua) -- Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has called on young...
Taipei [Taiwan], July 8 (ANI): Taiwan's Minister of Economic Affairs, Kuo Jyh-huei, on Monday said the negotiations on the tariff between...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...