Something went wrong with the connection!
 Breaking News

India among 34 UN member states to pay regular budget dues in full and on time

India among 34 UN member states to pay regular budget dues in full and on time
October 09
11:21 2019

UNITED NATIONS: India is among a handful of only 34 UN member states which paid their regular budget dues in full and on time to the world organisation. India paid 23.25 million dollars in regular budget assessments by January 31, 2019, the 30-day due period specified as per UN’s Financial Regulation rules. Only 33 other nations paid their regular budget assessments in full within this 30-day due period. Subsequent to the end of the 30-day due period (January 31), 95 additional member states paid their 2019 regular budget assessment in full.

As of October 8, 2019, 129 Member States have paid their regular budget dues in full, according to UN sources. Member states have paid USD 1.99 billion towards the 2019 regular budget assessment, while the outstanding amount for 2019 for regular budget is USD 1.386 billion. However, 64 states are yet to pay their regular budget dues in full for 2019. These include Afghanistan, Bangladesh, Brazil, Central African Republic, North Korea, Iran, Israel, Mexico, Oman, the Philippines, South Korea, Saudi Arabia, Sri Lanka, the US and Venezuela.

While India has been among the few countries to have fully paid its dues to the UN on time, the UN owed India USD 38 million, among the highest it has to pay to any country, for peacekeeping operations as of March 2019. The UN is facing a severe liquidity crisis, reaching its deepest deficit of the decade, UN Secretary-General Antonio Guterres has said, warning that the world organisation will not have enough cash by next month to cover payrolls.

Guterres warned that in the current month, the organization will reach the deepest deficit of the decade. We risk exhausting the closed peacekeeping cash reserves, and entering November without enough cash to cover payrolls, he said. PTI

Comments

comments

Related Articles

Polls

Will the Modi-Xi Informal summit boost up India-China ties ?

View Results

Loading ... Loading ...

E-paper Latest Edition

Subscribe to our Digital Edition

Epaper

ADVERTISEMENT – INKASA INTERIORS

Inkasa Interiors | Interior Designer in Delhi

ADVERTISEMENT – Ponderosa Homes

Ponderosa Homes

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

ADVERTISEMENT – Star Tours

Star Tours

ADVERTISEMENT – Global Holidays

Global Holidays Early Bird Discounts

POPULAR CATEGORIES

Follow us On Twitter

Kashmiri Pandits brief US lawmakers on the situation in #Kashmir - https://t.co/CKg4E7FfkG Get your news featured… https://t.co/fjx4q3HuIW
h J R
@Indiapost_News
#China's #GDP growth slows to 6 per cent in Q3, slowest since 1992 - https://t.co/REAvEHOKUk Get your news feature… https://t.co/EnXp47PZHG
h J R
@Indiapost_News
RT @DalaiLama: In today’s world, despite ample material development, too many lack inner peace. One way to counter anger, jealousy and comp…
h J R
@Indiapost_News
The #Maldives: Incredible ... - https://t.co/ZypcZZKDjO Get your news featured use #IndiaPostUSA #AlimathaIsland… https://t.co/zdTkoQUIf3
h J R
@Indiapost_News

Facebook

Subscribe To Our Mailing List

Enter your email address:

Delivered by FeedBurner

Subscribe to IndiaPost by Email

Download Media Kit

India Post Media Kit