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United Nations cuts budget by USD 286 mn; US claims credit
United Nations cuts budget by USD 286 mn; US claims credit
The Amount Sets The Budget Level Around USD 286 Million (or Five Per Cent) Below The Final Approved Level For 2016-2017, And USD 193 Million Below The Initially Proposed Budget Level For 2018-2019, Including All Add-ons. PTI | Updated on: 27 Dec 2017, 04:02:01 PM
New Delhi:
The UN has approved a USD 286 million cut in its annual budget for the next year, a five per cent historic reduction in spending that the US said it had negotiated.
The General Assembly on Sunday approved the regular budget of USD 5.397 billion for 2018-2019, the UN said in a statement yesterday.