Posted on 10/08/2019 7:34:24 AM PDT by RightGeek
The United Nations (UN) 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 AFP, 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 per cent 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 said on condition of anonymity.
(Excerpt) Read more at thestatesman.com ...
2nd that!!!
[ UN may ‘run out of money by Oct end’, says Antonio Guterres in letter to 37,000 employees ]
Will they close up shop and move elsewhere? One could hope.
Like Europe or the Middle East? /heh
I might not be surprised if they did.
[Starve the beast.]
Might not be that far off, in some ways.
If only.
Remove that stronghold of Satan from our country.
They just might. That could help the beast have such an administration in the Middle East or Europe.
It’s just a guess, of course. No way to know for sure what will happen but they’re a perfect place for him. So is the EU’s parliament building in France.
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