United Nations cuts peacekeeping budget by 610 million USD

Last accounting year saw a cut of 570 million USD or 7.25 per cent over the 2016-2017 budget.

Published: 07th July 2018 02:44 PM  |   Last Updated: 07th July 2018 02:45 PM   |  A+A-

United Nations (File Photo| AP)


UNITED NATIONS: The UN has cut its peacekeeping budget by $610 million for the current year while the monthly payment to each peacekeeper will increase by $96 per month.

The $6.69 billion-budget for this accounting year starting July 1 that was adopted by the General Assembly on Thursday, is 8.36 per cent less than the previous year's $7.3 billion.

India's share of the peacekeeping dues, which is set at 0.1474 per cent of the total, will come down from $10.76 million to $9.82 million for the current accounting year, a saving of $940,000.

The peacekeepers will each now get $1,428 per month, up from last accounting year's $1,332, an increase of 7.2 per cent that will benefit the 6,172 Indian personnel serving in UN operations.

Two of the peacekeeping operations - in Haiti and Liberia - ended during the last accounting year, leading to a saving of $500 million.

Such a huge saving is unlikely to be repeated unless missions are closed down in the future or extreme economy measures are undertaken.

The remaining savings of $110 million comes from belt-tightening at the 13 operations that are continuing.

To absorb the increases in payments to peacekeepers and still come up with savings, large economy measures had to be enforced.

The US pays 28.47 per cent of the peacekeeping budget and President Donald Trump's administration has said that it would not pay more than 25 per cent in future.

US Permanent Representative Nikki Haley pushed for the budget cuts and her mission said that it had wrangled a 6 per cent-cut from the initial budget estimates made by the UN for the current financial year.

This is the second consecutive year with large savings in the peacekeeping budget.

Last accounting year saw a cut of $570 million or 7.25 per cent over the 2016-2017 budget.

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