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