1887

Yearbook of the United Nations 1988

image of Yearbook of the United Nations 1988

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.

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United Nations financing and programming

Throughout 1988, the United Nations continued to grapple with a financial crisis that resulted from the withholding of assessed contributions by a number of Member States to both the Organization’s regular budget and to that for peace-keeping operations. The crisis coincided with an expansion of the Organization’s responsibilities for peace-keeping, thus placing new strains on its already precarious financial stability. An analysis of the financial situation presented in November by the Secretary-General projected a net short-term deficit of $319.4 million. One Member State owed a total of $337.3 million, including nearly $122.4 million in arrears from previous years. Of the $1,111 million in contributions to the United Nations regular budget payable by 1 January 1988, $716.5 million had been collected at the end of 1988, leaving some $395 million outstanding.

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