Guterres says UN may run out of money by month-end

The Times of India (New Delhi edition) - - Times Global -

UN: The UN is run­ning a deficit of $230 mil­lion, sec­re­tary gen­eral An­to­nio Guterres has said, and may run out of money by the end of Oc­to­ber.

In a let­ter in­tended for the 37,000 em­ploy­ees at the UN sec­re­tariat and ob­tained by AFP, Guterres said on Mon­day un­spec­i­fied “ad­di­tional stop-gap mea­sures” would have to be taken to en­sure salaries and en­ti­tle­ments are paid. “Mem­ber states have paid only 70% of the to­tal amount needed for our reg­u­lar bud­get op­er­a­tions in 2019. This trans­lates into a cash short­age of $230 mil­lion at the end of Septem­ber,” Guterres wrote.

To cut costs, he men­tioned post­pon­ing con­fer­ences and meet­ings and re­duc­ing ser­vices, while also re­strict­ing of­fi­cial travel to only es­sen­tial ac­tiv­i­ties and tak­ing mea­sures to save en­ergy. Guterres had asked mem­ber states ear­lier this year to up con­tri­bu­tions to the UN, but they re­fused, an of­fi­cial said on con­di­tion of anonymity.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.