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US to pay $850 million in overdue UN fees

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

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  • The U.S. will pay $850 million in overdue fees to the United Nations, aiming to alleviate the organization's financial crisis.
  • The payment includes $725 million for the regular budget and $125 million for peacekeeping operations in Haiti and the Democratic Republic of Congo.
  • This contribution, while not covering the full $5 billion owed, will help the UN manage its immediate operational expenses.

The United States has informed Congress it will pay $850 million in overdue dues to the United Nations, a move intended to ease the organization's severe financial crisis. The UN had faced the possibility of bankruptcy this month.

The payment, detailed in a letter from the State Department, allocates $725 million to the UN's regular budget and $125 million for peacekeeping missions in the Democratic Republic of Congo and Haiti. This funding is expected to be completed before the upcoming UN General Assembly.

The United States will pay its overdue portion of the United Nations' budget, amounting to $850 million.

— U.S. State DepartmentThe U.S. State Department informed Congress of its intention to pay the overdue fees.

This contribution aims to provide temporary relief, helping the UN cover personnel salaries for a period. However, it falls short of the total $5 billion the organization is owed by member states. The UN has already implemented budget cuts, reducing its current year's budget by 9.2% and relocating over 2,000 positions to areas with lower living costs.

As of November 18, 129 out of 193 member states had paid their dues in full. The United States and China are the largest financial contributors, with their payments accounting for 42% of the UN's basic expenses. Both nations have outstanding debts.

The funding will help the UN pay personnel salaries for a period, even if it cannot cover all expenses.

— Eugene ChenA former UN official commented on the impact of the U.S. payment.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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