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The United Nations General Assembly (Photo Credit: Bashir Ahmad on Twitter)

The United Nations General Assembly (Photo Credit: Bashir Ahmad on Twitter)

General Assembly approves UN’s $3.07bn budget for 2020

byAgency Report
December 28, 2019
1 min read

The General Assembly has adopted a budget of 3.07 billion dollars for the United Nations in 2020.

It followed the consideration of the report of the Assembly’s Fifth Committee, which handles administrative and budgetary matters.

This is the first annual budget of the organisation in 45 years, according to the UN, which had been operating a two-year budget cycle since 1974.

The 2020 figure is 23 million dollars higher than the 2.849 billion dollars budgeted by the organisation in the outgoing year.

READ ALSO: Buhari ‘approves N37 billion for National Assembly renovation’

It is also an increase of eight million dollars over the 3.06 billion dollar proposal requested by Secretray General Antonio Guterres.

Speaking after the adoption, President of the General Assembly, Tijjani Muhammad-Bande, congratulated the committee for the successful conclusion of its assignment.

Mr Muhammed-Bande said the approval and other major decisions by the committee would be critical to the good functioning of the UN.

“The proposed programme budget for 2020 provides necessary resources to the UN Secretariat to implement its various tasks.

“It also prepares us well for entry into the Decade of Action for SDG implementation,” he said.

(NAN)

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