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UN Secretary-General presents $3.3 billion for 2024 regular budget



United Nations Secretary General Antonio Guterres addresses the opening of the 74th session of the United Nations General Assembly at U.N. headquarters in New York City New York U.S

The UN Secretary-General Antonio Guterres on Tuesday delivered the proposed 2024 regular budget of $3.3 billion to the UN General Assembly’s fifth committee.

The fifth Committee of the General Assembly is responsible for administrative and budgetary matters. 

Guterres explained that this budget submission was prompted by the numerous challenges faced by Member States, emphasizing the increasing importance of the United Nations in addressing these challenges.  

He expressed the need for a total of $3.3 billion to fully execute the organization’s mandates, which includes 10,334 positions, with a net increase of 199, mainly for implementing new inter-governmental mandates. 

To fully implement our mandates, the UN secretary-general said, “we would require a total of US$3.3 billion.”  

Guterres expressed concern about the deteriorating financial position of the UN in the current year, noting that collections through the end of the third quarter have been lower.  

To be precise, the organization has collected only 64%  of its dues this year, a decrease from 71.9% in 2022 and 82.7% in 2021.  

He, nevertheless, urged Member States to meet their financial obligations in a timely and complete manner.