UN Haggles its Way to New Budget

The two-month budget season at the United Nations is expected to be intense this year,

reports. For one, major donors are insisting that Brazil, Russia, India and China shoulder a larger portion of the organization's budget given the progressing economic status of these nations. Moreover, Secretary-General Ban Ki-moon proposed a two-year regular budget of some USD4.89 billion, excluding an annex of "add-ons," which may increase the proposed budget to at least USD5.4 billion. Many members argue that such a figure is unsustainable.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.