The United Nations will adopt cost-saving measures to deal with the serious financial crisis

category:Finance
 The United Nations will adopt cost-saving measures to deal with the serious financial crisis


By the end of October, Mr. Pollard said, this years cash deficit will exceed last years record $488 million. She said that in recent years, the regular budget of the United Nations has faced a serious liquidity problem and a deteriorating trend. Every year, the situation is more severe than the previous year.

Pollard reiterated to reporters Guterresview that the financial health of the United Nations depends entirely on Member States fulfilling their financial obligations in full and on time, believing that timely payment is essential to ensure a stable and predictable financial situation throughout the year.

Source: Yang Zeyu_NF6036, Responsible Editor of Peng Mei News