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UN may ‘run out of money by Oct end’, says Antonio Guterres in letter to 37,000 employees
AFP via The Statesman (India) ^
| 10/8/2019
| Uncredited
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 ...
TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: antonioguterres; globalists; trumpun; winning
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To: RightGeek
61
posted on
10/08/2019 8:18:21 AM PDT
by
Sgt_Schultze
(When your business model depends on slave labor, you're always going to need more slaves.)
To: RightGeek
62
posted on
10/08/2019 8:19:28 AM PDT
by
Little Ray
(Freedom Before Security!)
To: o-n-money
63
posted on
10/08/2019 8:21:50 AM PDT
by
Little Ray
(Freedom Before Security!)
To: RightGeek
Third world hellholes are cheaper to operate out of... they should move.
64
posted on
10/08/2019 8:24:29 AM PDT
by
GOPJ
(<img src=https://i.imgur.com/WjoG6dB.png width=500> Dems are taking a leaf out of old KGB handbooks)
To: o-n-money
That’s a perfect spot for the Trump Presidential Library.
65
posted on
10/08/2019 8:30:08 AM PDT
by
COUNTrecount
("I've always won, and I'm going to continue to win. And that's the way it is." -- Donald Trump)
To: Rebelbase
He would if Schumer could see it from his apartment.
To: GOPJ
They would _love_ Lagos.
The natives are friendly. :-)
67
posted on
10/08/2019 8:34:08 AM PDT
by
cgbg
(Vote Trump or you will _be_ Trump)
To: RightGeek
I hope they don’t try to stick us with the bill.
68
posted on
10/08/2019 8:35:59 AM PDT
by
KittyKares
(Drain the Swamp)
To: Grampa Dave
69
posted on
10/08/2019 8:36:32 AM PDT
by
COUNTrecount
("I've always won, and I'm going to continue to win. And that's the way it is." -- Donald Trump)
To: RightGeek
Get ‘em out!!
Turn that prime piece of real estate into a wonderful and beautiful Trump hotel :-)
70
posted on
10/08/2019 8:37:34 AM PDT
by
Jane Long
(Praise God, from whom ALL blessings flow.)
To: pepsionice
Im surprised the topic of relocating hasnt come up. If they were in some city like Prague....they could trim their budget by 50-percent compared against NY City. They have three other major office locations: Geneva, Vienna and (my favorite), Nairobi. Let the UN crowd in New York draw straws to see where they'll be moving.
71
posted on
10/08/2019 8:37:43 AM PDT
by
Charles Martel
(Progressives are the crab grass in the lawn of life.)
To: o-n-money
From what I’ve read it needs bulldozed. Butt I would not mind in the least if the well were to run dry. And NO bailout by us/US either. EVER!
72
posted on
10/08/2019 8:39:09 AM PDT
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: Savage Beast
BTW, what happened to that billion dollars Ted Turner gave them? It's very costly to outfit a proper volcano lair, you know.
73
posted on
10/08/2019 8:39:52 AM PDT
by
Charles Martel
(Progressives are the crab grass in the lawn of life.)
To: july4thfreedomfoundation
Notice no planes were flown into it?
74
posted on
10/08/2019 8:41:16 AM PDT
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: Howie66
Some say you're a dreamer. But not the only one........ 😂😂😂
75
posted on
10/08/2019 8:42:25 AM PDT
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: RightGeek
37,000 employees at the UN Hmm, I think I found a way to save money
76
posted on
10/08/2019 8:42:40 AM PDT
by
1Old Pro
To: RightGeek
USA pays 22%.
Japan (not on Security Council) 19%.
Russia 1%
China 2%
To: PapaBear3625
There's economy class private jets? Who knew? 😁✈
78
posted on
10/08/2019 8:43:36 AM PDT
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: RightGeek
I would be very happy to see Controlled Demolition Inc. reduce that building to rubble.
79
posted on
10/08/2019 8:45:49 AM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: PGalt
Now THAT would be a BDS campaign I could support! 😁
80
posted on
10/08/2019 8:46:21 AM PDT
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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