un cuts budget amid global downturn
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

UN cuts budget amid global downturn

Egypt Today, egypt today

Egypt Today, egypt today UN cuts budget amid global downturn

New York - AFP

The 193 UN member countries agreed on Saturday to cut the global body's budget for only the second time in the past 50 years following a long night of negotiations. An accord struck at dawn on Saturday saw the 2012-13 budget set at $5.15 billion, down from $5.41 billion in 2010-11. The United States and crisis-stricken European countries had fought for cuts while developing countries had demanded spending be maintained. "All budget years are tough. But this year was especially difficult," UN Secretary General Ban Ki-moon said, welcoming the accord and vowing more cuts in the coming months. "Governments and people everywhere are struggling." US negotiator Joseph Torsella called the budget a "historic agreement," though he acknowledged it had taken "difficult negotiations." Nearly every day in the past week talks have finished at about 5:00 am. This accord "is the first time since 1998 -- and only the second time in the last 50 years -- that the UN regular budget has declined in comparison to the previous budget’s actual expenses," said Torsella. He called it a "budget for a strengthened, more efficient, and more effective United Nations that saves the American taxpayers millions of dollars and sets the United Nations on the path of real fiscal discipline and continued reform." The United States has taken a tough line on UN spending, with Torsella this year railing at increased salary allowances for UN staff. Ban acknowledged that the global body has to "cut fat." It has already cut posts and contracted out services in many departments at the New York headquarters. "One year from now, I will return to you with greater cost savings," the UN chief vowed in a speech to the delegates who struck the budget accord. Several of the UN's foreign political missions saw their budgets cut as part of the deal. The UN peacekeeping department has a separate budget of about $8 billion a year. Funding for the Ivory Coast mission, where UN peacekeepers fought followers of incumbent Laurent Gbagbo after he refused to stand down, was cut in the General Assembly negotiations.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

un cuts budget amid global downturn un cuts budget amid global downturn



GMT 07:32 2017 Saturday ,11 March

Nanshy unveils latest product

GMT 14:16 2018 Monday ,08 October

Rupee closes at record low of 74.06 to dollar

GMT 16:34 2012 Thursday ,12 April

Qatar Exchange Up 0.29%

GMT 10:06 2017 Tuesday ,08 August

Saudi Arabia, Iraq sign MoU on air transport

GMT 13:05 2011 Sunday ,12 June

Emirati students lend a helping hand in Asia

GMT 15:21 2011 Wednesday ,29 June

N.M. fire prompts radiation concerns

GMT 10:15 2012 Thursday ,12 January

World\'s smallest frog discovered

GMT 10:46 2017 Thursday ,09 March

Aramco’s evaluation will be a pleasant surprise

GMT 14:44 2016 Tuesday ,21 June

Euro 2016: Wales Dominate Russia, Tops Group B

GMT 08:31 2012 Monday ,26 March

H&M eco-friendly collection

GMT 08:02 2017 Friday ,17 February

HRH Premier condoles with UAE

GMT 18:18 2011 Monday ,29 August

Hyundai E&C ranks 23rd in world

GMT 23:01 2012 Sunday ,26 February

Moscino masculinity Autmn/winter collection

GMT 09:17 2011 Monday ,26 September

Villarreal’s Marco Ruben to miss Napoli
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday