U.N. approves $5.53 billion budget for 2014-2015
The assembly voted to cut the budget by 1 percent from the final spending level in 2012-2013
The General Assembly has approved a budget of $5.53 billion to cover the United Nations’ regular operations in 2014-2015, cutting it for a second successive time.
But U.N. members again delayed action on a key proposal that would allow greater mobility of U.N. staff.
After lengthy negotiations, the assembly finally voted Friday afternoon to cut the budget by 1 percent from the final spending level in 2012-2013. It also approved a 2 percent staffing cut, or some 221 posts, and a one year freeze in staff compensation.
The regular operating budget doesn’t include the U.N.’s far-flung peacekeeping operations which are funded by a separate budget, currently more than $7bn annually.
The United States, which pays 22 percent of the regular budget, welcomed the reduction in costs and staffing.
Also Read
-
U.N. peacekeepers arrive in South Sudan
U.N. warns that despite efforts to organize a ceasefire between rivals, tensions remain precariously high Africa -
Al-Qaeda leader targeting U.N. workers
Several U.N. peacekeepers were kidnapped in 2013 by al-Qaeda group Middle East -
U.N. condemns Israeli demolition of Palestinian homes
Israel said it only demolishes structures that have been built without the required permission Middle East
