US Announces Historic Reduction In Fund The Country Allocates To UN

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The United States (U.S.) has dealt a major blow to the finances of the
United Nations (UN) after the country’s Ambassador to the organisation Nikki
Haley announced a historic reduction in its biennial operating budget.
Haley called the development “a big step in the right direction,” saying
that the plan calls for a $285 million cut for the 2018-19 fiscal year.
“The inefficiency and overspending of the United Nations are well
known,” Haley said.
“We will no longer let the generosity of the American people be taken
advantage of or remain unchecked.”
She added, “This historic reduction in spending, in addition to many
other moves toward a more efficient and accountable UN is a big step in the
right direction.”
The UN budget now covers a two-year period, beginning in January of an
even-numbered year.
The United States was seeking a $250 million cut to the UN budget for
2018-19, on top of $200 million in savings already proposed by UN
Secretary-General Antonio Guterres some weeks ago.
Guterres has proposed capping the UN biennial budget at $5.4 billion,
shaving off $200 million from the 2016-17 budget.
The U.S. pays about 22 per cent of the U.N.’s budget, or roughly $3.3
billion, and fully 28 per cent of its peacekeeping effort.
The U.N.’s operating budget is separate from its peacekeeping budget,
which was cut by $600 million this year, under pressure from President Donald
Trump, AFP reported.
Trump last week threatened to cut off financial aid to countries that
voted in favour of a draft UN resolution calling for the U.S. to withdraw its
decision to recognise Jerusalem as Israel’s capital.

The final tally was 128-9, with 35 nations abstaining, including five
members of the European Union.
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