UN Announces $5.4 Billion Budget for 2018 & 2019
The United Nations General Assembly approved a $5.4 billion budget for the next two years, reducing its operating budget by $286 million, or roughly 5 percent, from its current 2016-2017 period.
The budget funds general operations for the U.N., including political affairs, international justice and law, regional cooperation for development, human rights and humanitarian affairs and public information. Most of the budget savings comes from operational expenses such as the use of consultants, travel expenses and information technology.
Cut in U.S. Contribution?
In announcing the budget cut in a Dec. 24 statement, U.S. Amb. to the UN Nikki Haley said, "We will no longer let the generosity of the American people be taken advantage of or remain unchecked."
That spurred speculation b...