Members of the UN Have $2 Billion of Debt to Peacekeeping

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UN Chief Antonio Guterres has cautioned the United Nations member stated owe nearly $2 billion in peacekeeping funds, and the US owes a third of the peacekeeping funds.

Guterres in a letter dated 11th January, to the 193 member states stated that effective peacekeeping efforts are soon going to face liquidity crunch because of late payments and raising deficits. He added that deficits are approaching $2 billion and it would probably increase.

Guterres even mentioned that that while 152 members have paid in full what was payable for a separate U.N. regular budget in 2018; however, records show that over $528 million was still pending.

The United States is accountable for 22% of the $5.4 billion regular budget for the year 2018 and 2019 and even over 28% of the $6.7 billion peacekeeping budget for the year to June 30.

As per data, the United States have $381 million of debt to the regular budget as of 1st January and around $776 million of debt to the peacekeeping budget. The U.S. mission to the U.N. has affirmed the figures.

President Donald Trump stated that Washington is bearing an unjust burden of the cost of the United Nations and urged the world body to reform its operation and working.

In December, the U.N. General Assembly conceded to what percentage of the regular and peacekeeping budgets each nation must pay for the upcoming three years.

The U.S’s offering to the regular budget is already restricted to 22% and Washington ineffectively tried to limit its peacekeeping contribution at 25%, as needed by the U.S. law, instead of more than 28%.

Syed Akbaruddin, India’s U.N. Ambassador stated that the $2 billion deficit was untenable. Some troop donating nations have debts whose amounts are tantamount to their annual assessed contributions for 100 years.

This totals to around $200 million, according to a diplomat. The United Nations has 14 peacekeeping processes, half of them which are based in Africa.

The top donating nations are Bangladesh, Ethiopia, India, Nepal and Rwanda. They pay their troops based on their national salary scales and are repaid by the United Nations. As of July 2018, the U.N. paid $1,428 a month for every soldier.

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