The 68th Session of the UN General Assembly has mostly come to its close. Having met for the 68th time, the delegates concentrated on both large- and small-scale issues. Just like any other state-funded organization, the United Nations faces the same ordinary troubles such as trite lack of money. Despite its might, the UN did incur losses during the financial crisis, so it had to trim the spending and sack some employees. And the project budget was not approved until the expenditures were cut. So, the organization will get $5.5 billion for 2014-2015, and Secretary-General of the United Nations Ban Ki-moon took it optimistically saying that the UN will continue addressing crucial problems efficiently regardless of a saving mode. The biennium budget turned out to be 2.9% as less as planned, redundancies were also inevitable. As the official UN website informs, the spending cuts are only possible through decreasing the staff by 219 jobs.
It is a well-known fact that the United Nations budget is formed by the member states. The General Assembly decides how much money a state must pay to run the organization taking into account its population and economic advance. As Ban Ki-moon noted, “The budget /…/ reflects a central challenge: how to resource this Organization at a time when the demand for the work of the United Nations continues to grow amidst a period of economic austerity constraint,” he said.
