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The United Nations Is On Track To Run Out Of Money By The End Of The Month
GP ^ | 10/09/19 | Aleister

Posted on 10/09/2019 6:31:06 AM PDT by Enlightened1

Here’s some news that will make a lot of conservatives very happy.

The United Nations has a massive budget problem and may run out of cash by the end of this month.

What a shame.

 

CBS News reports:

United Nations could run out of money in a few weeks, Secretary General warns

The United Nations is running a deficit of $230 million, Secretary General Antonio Guterres said on Monday, and may run out of money by the end of October. In a letter intended for the 37,000 employees at the UN secretariat and obtained by CBS News’ Pamela Falk, Guterres said unspecified “additional stop-gap measures” would have to be taken to ensure salaries and entitlements are paid.

“Member States have paid only 70 percent of the total amount needed for our regular budget operations in 2019. This translates into a cash shortage of $230 million at the end of September. We run the risk of depleting our backup liquidity reserves by the end of the month,” he wrote.

To cut costs, Guterres mentioned postponing conferences and meetings and reducing services, while also restricting official travel to only essential activities and taking measures to save energy.

Guterres had asked member states earlier this year to up contributions to the world body to head off cash flow problems, but they refused, a UN official told French news agency AFP on condition of anonymity.


(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: budget; deficit; money; un; unbudget; unfinances
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1 posted on 10/09/2019 6:31:06 AM PDT by Enlightened1
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To: Enlightened1

Good, shut it down.


2 posted on 10/09/2019 6:31:48 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: Enlightened1

Evict them when they miss the rent payment.


3 posted on 10/09/2019 6:33:33 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Enlightened1

Is there a downside?


4 posted on 10/09/2019 6:34:30 AM PDT by 2banana (My common ground with islamic terrorists - they want to die for allah and we want to kill them.)
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To: Enlightened1

Hopefully a sign to be put up.
“Space available”


5 posted on 10/09/2019 6:35:08 AM PDT by TomServo
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To: Enlightened1

UN
EU
NATO
FBI
CIA

I want all the globalist organizations to go away.


6 posted on 10/09/2019 6:35:09 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: ClearCase_guy

Amen!


7 posted on 10/09/2019 6:36:20 AM PDT by Enlightened1
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To: Enlightened1
Now I think I understand the whole Greta Thunberg thing, and the "12 years to live"

Any bets that the climate change scam and Paris treaty was a way for the UN to slim money? They probably had everything set up to "process" payments.

8 posted on 10/09/2019 6:37:01 AM PDT by Tench_Coxe
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To: G Larry

Can you imagine the wholesale rip off of equipment and furniture, etc. that will take place as they leave?

Wow!

Anyway-it would be WORTH it!!


9 posted on 10/09/2019 6:37:14 AM PDT by SMARTY ("Nobility is defined by the demands it makes on us - by obligations, not by rights".)
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To: Enlightened1

DEFUND/DISMANTLE UNaccountable bureaucratic collectives...SOCIALISTS. DESTROY as necessary.


10 posted on 10/09/2019 6:37:32 AM PDT by PGalt
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To: Enlightened1

UN is @sshoe


11 posted on 10/09/2019 6:37:37 AM PDT by Drango (1776 = 2020)
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To: Enlightened1

President Trump’s fault. Bwahahahaha


12 posted on 10/09/2019 6:40:08 AM PDT by Parley Baer
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To: Enlightened1

Require cash in advance for all purchases by the United Nations.

They appear to be insolvent.


13 posted on 10/09/2019 6:41:41 AM PDT by MrEdd (Caveat Emptors)
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To: Enlightened1
Shared this classic on another thread about this story yesterday.
14 posted on 10/09/2019 6:42:08 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966)
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To: Enlightened1

Guterres had asked member states earlier this year to up contributions to the world body to head off cash flow problems, but they refused


15 posted on 10/09/2019 6:44:30 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Enlightened1

You mean other nations are not paying their fair share?
Be a pity if it folded. ~s~


16 posted on 10/09/2019 6:44:40 AM PDT by WWG1WWA ("Brothers, what we do in life echoes in eternity." - Marcus Aurelius)
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To: SMARTY

Lock the doors and sell the content to pay for overdue bills.


17 posted on 10/09/2019 6:46:09 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Enlightened1

They want their $100 Billion a year for Global Warming Obama/Hillary promised them ,LOL


18 posted on 10/09/2019 6:47:48 AM PDT by butlerweave
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To: Enlightened1

Send home all diplomats of countries who have not met their contribution obligations. Somehow they will find the money because every one of those diplomats love living in New York. My Sympathy Meter for the UN is broken.


19 posted on 10/09/2019 6:48:27 AM PDT by Savage Rider
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To: Enlightened1

Well I’ll be damned!....... who da’ thunk it?

Burkino Faso had better fess up


20 posted on 10/09/2019 6:50:00 AM PDT by bert ( (KE. NP. N.C. +12) Progressives are existential American enemies)
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