Welcome To Know Our Products,We Can Offer You High Quality Products!

YUETONG FASTENERS

Ensure product performance from raw materials, processing to final delivery.

UN chief briefs member states on financial pressure


Published:

2020-04-04

UN Secretary-General Antonio Guterres. [Photo/Agencies]

UNITED NATIONS - UN Secretary-General Antonio Guterres has sent a letter to UN member states, expressing concerns over "enormous challenges" posed by COVID-19 and financial pressure of UN operations, his spokesperson Stephane Dujarric said here on Thursday.

The world organization ended 2019 with arrears of $711 million, the highest level for a decade and a 34 percent increase compared to 2018, Guterres said, adding that the pressure comes from continued financial constraints.

There is a sharp decline of 42 percent in the payment of assessments by member states, compared to 50 percent in earlier years, he added.

The secretary-general also said in his letter that he is directing managers to temporarily suspend all hiring for regular budget operations and to further scale down non-post expenses to ensure timely payments to staff and vendors.