1945

United Nations financing and programming

In 1999, the United Nations financial outlook improved appreciably, with higher end-of-year balances and lower unpaid assessments, as well as reduced debt to Member States for troops and contingent-owned equipment. Unpaid assessments at the end of 1999 stood at $1,758 million, compared to $2,031 million a year earlier. For the first time since 1995, no cross-borrowing of funds from peacekeeping accounts at the end of the year was required. The improved situation was due to consistent payment in full of regular budget assessment and substantially higher payments from the largest contributor. A record 126 Member States had paid their budget assessments for 1999 and all previous years in full. However, the Secretary-General warned that the overall improvement in the financial situation might be upset by new special missions launched during the year.

Related Subject(s): United Nations
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