United Nations financing and programming
- Author: United Nations
- Main Title: Yearbook of the United Nations 2006 , pp 1609-1641
- Publication Date: December 2006
- DOI: https://doi.org/10.18356/ecb65fd6-en
- Language: English
The financial situation of the United Nations showed some improvement in 2006, although it remained fragile. Following the June assessment by the UN Controller that the Organization would run out of cash by mid-July, and at the request of the Secretary-General, the General Assembly lifted the $950 million spending cap and authorized expenditure of up to $3.8 billion of appropriated funds to avoid a budget crisis. By the end of the year, assessments issued had fallen by $73 million and were lower under all categories, except for the capital master plan. Unpaid assessments reached $361 million, compared to $333 million in 2005, cash resources for peacekeeping activities totalled over $1.7 billion and the debt owed to Member States stood at $1 billion.
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