United Nations financing and programming

The financial situation of the United Nations continued to improve in 2004 despite some areas of concern. By the end of the year, unpaid assessments almost doubled, compared to 2003, and the number of Member States paying their contributions to the regular budget in full and on time fell. While aggregate cash increased slightly, the Organization was still obliged to cross-borrow from other accounts and was still using reserves at the end of the year. Unpaid assessments reached $2.9 billion, compared to $1.6 billion in 2003, and debt to Member States for troops and contingent-owned equipment was $549 million, against $449 million in 2003.

Related Subject(s): United Nations