UN chief Antonio Guterres warns of 'imminent financial collapse'
The United Nations faces a severe financial crisis. Unpaid fees and a budget rule threaten the organization with imminent collapse. This situation is deepening and will worsen soon. Programme delivery is at risk. The UN chief has alerted member st...
By Reuters | Updated:
ANI
GENEVA: The U.N. chief has told states that the organisation is at risk of "imminent financial collapse", citing unpaid fees and a budget rule that forces the global body to return unspent money, according to a letter seen by Reuters on Friday.
"The crisis is deepening, threatening programme delivery and risking financial collapse. And the situation will deteriorate further in the near future," United Nations Secretary-General Antonio Guterres in a letter to member states dated January 28.
A U.N. spokesperson did not immediately respond to a request for comment.
"The crisis is deepening, threatening programme delivery and risking financial collapse. And the situation will deteriorate further in the near future," United Nations Secretary-General Antonio Guterres in a letter to member states dated January 28.
A U.N. spokesperson did not immediately respond to a request for comment.
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