FB   
 
Powered bysps
        Society for Policy Studies
 
 

 
India to save $1 million in UN contributions after budget cuts pushed by US
Posted:Dec 27, 2017
 
Print
Share
  
increase Font size decrease Font size
 
By Arul Louis
 
India is likely to save about $1 million from its mandatory contribution to the world body next year as a result of the 5 percent budget cut pushed by the United States.
 
India's assessed share of the regular UN budget this year was $20.46 million and a 5 percent cut would amount to $1.023 million.
 
The UN General Assembly approved a two-year regular budget of $5.397 billion for 2018 and 2019 on Christmas Eve during an unusual Sunday sitting.
 
Secretary General Antonio Guterres's Spokesperson Stephane Dujarric said it was 5 percent or $286 million below the budget for the years 2016 and 2017.
 
It is also $193 million less than the original budget for 2018 and 2019 proposed by Guterres, he added.
 
The General Assembly passes budgets for two years at a time but is going to switch to a system of annual budgets on a trial basis in 2020.
 
There is a separate budget for peacekeeping operations with a different set of assessments and time periods.
 
Using a complex formula that includes per capita income and gross domestic product, each country's assessment for the regular budget is fixed periodically as a percentage of the total budget rather than an amount. India's share is now 0.737 percent but it may go up in future as the economy improves.
 
US Permanent Representative Nikki Haley took credit for the budget cuts calling it one of the successes for Washington.
 
“We reduced the UN’s bloated management and support functions, bolstered support for key US priorities throughout the world, and instilled more discipline and accountability throughout the UN system,” she asserted in a statement. “The inefficiency and overspending of the United Nations are well known.”
 
The US share of the budget set at 22 percent is the highest and it contributed $611 million this year.
 
While Haley, using her budget expertise as a former state governor, bargained hard during the negotiations, many other countries and Guterres have also called for reducing the budget.
 
The US as the largest contributor will collect the biggest share of the cuts, but all the countries will also benefit in proportion to their assessed rate.
 
President Donald Trump has said that he wants to cut the State Department budget out of which the UN dues are paid.
 
The UN said that the cuts will come from across-the-board reductions in contractual services, furniture and equipment, consultants and travel, as well as reduced funding for special political missions.
 
 
 
 
Print
Share
  
increase Font size decrease Font size
 

Disclaimer: South Asia Monitor does not accept responsibility for the views or ideology expressed in any article, signed or unsigned, which appears on its site. What it does accept is responsibility for giving it a chance to appear and enter the public discourse.
Comments (Total Comments 0) Post Comments Post Comment
Review
 
 
 
 
spotlight image Thailand will be the coordinating country for India within ASEAN from July. In an exclusive interview with INDIA REVIEW & ANALYSIS, the fortnightly journal of the Society for Policy Studies (SPS),  Thailand’s Ambassador to India, Chutintorn Gongsakdi, gave a comprehensive view of bilateral relations and
 
read-more
The struggle for autonomy has been going on within the Indian Institutes of Management (IIMs) from their inception, writes P.D. Rai
 
read-more
As India and the 10-nation ASEAN bloc culminate the commemoration of 25 years of their dialogue partnership with a summit in New Delhi January 25 that all the leaders will attend, India is laying out the crimson carpet to ensure that the first ever Republic Day celebrations at which 10 ASEAN leaders will be Chief Guests, jointly, is a
 
read-more
At a high-level Security Council meeting, Pakistan has raised the case of Kulbhushan Jadhav, whom Islamabad has accused of being an Indian spy and given him a death sentence. “Those who speak of changing mindsets (about terrorism) need to look within and their own record of subversion against my country as our capture of an India
 
read-more
The long range surface-to-surface ballistic missile, Agni-5, was successfully flight tested for its full range on January 18, 2018 from Dr Abdul Kalam Island, Odisha. This was the fifth test of the missile and the third consecutive one from a canister on a road mobile launcher. All the five missions have been successful.
 
read-more
“We have a very solid commitment to climate action,” he said. “We cannot be defeated by climate change and we are not yet winning this battle” and the biggest victims of climate change are the developing countries that are members of the Group of 77 (G77).
 
read-more
In a bid to promote trilateral innovation and business opportunities between the US, India, and Israel, Israel-India Technology Group has launched a trilateral fund of $50 million. "We ar...
 
read-more
Column-image

The Tehreek-e-Taliban Pakistan (TTP) has for the first time claimed responsibility for the assassination of former Pakistani Prime Minister Benazir Bhutto in a new book in written by Taliban leader Abu Mansoor Asim Mufti Noor Wali.

 
Column-image

Title: Salafi-Jihadism -The History of an Idea; Author: Shiraz Maher; Publisher: Penguin Random House UK: Pages: 292; Price: Rs 499

 
Column-image

A Review of Anatomy of Failure by Harlan K. Ullman (Naval Institute Press, 242 pages)

 
Column-image

Title: The Beckoning Isle; Author: Abhay Narayan Sapru; Publisher: Wisdom Tree; Pages: 157; Price: Rs 245

 
Column-image

Title: India Now And In Transition; Editor: Atul Thakur ; Publisher: Niyogi Books: Pages: 448; Price: Rs 599