1945

United Nations financing and programming

In 1996, the United Nations financial crisis remained precarious, with unpaid contributions totalling some $2.2 billion, bringing the Organization to the edge of insolvency. A High-level Working Group established in 1994 to search for solutions to the financial difficulties facing the Organization continued its efforts, and the Secretary-General presented proposals for possible savings of $140 million, through reduced staffing and other economy measures.

Related Subject(s): United Nations
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