5% increase in U.N. budget, India to pay more
The United Nations General Assembly cleared the $5.4 billion budget for 2012-13 which is 5% more than the previous budget.
- India, Brazil, China and other emerging countries will pay more to the U.N.
- The Assembly adopted a range of Fifth Committee (Administrative and Budgetary) resolutions, covering the scale of assessing Member States’ dues, the U.N. pension system and the proposed 2013 budget for 33 political missions.
- The income revised upwards by $3.99 million to $511.74 million for the current biennium.
- $566.48 million sanctioned to continue 33 special political missions in 2013 including those for Syria, Yemen, Libya and Sudan-South Sudan and large operations in Afghanistan and Iraq.
- European nations, such as Britain, Germany and France and Japan will pay less in the revised U.N. budget.
- The U.S. contribution for the regular budget will remain unchanged at 22%.
Month: Current Affairs - January, 2013
Category: International / World Current Affairs