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Is United Nations going broke?

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20.10.2019

By John J. Metzler

UNITED NATIONS ― Is the United Nations going broke? Well yes and no. The 193-member organization is facing a serious cash crunch which has naturally hampered the day-to-day operations of the world body but nonetheless may be resolved relatively soon when the United States, the major donor state, pays its dues along with 60 other countries.

In a jarring letter to heads of departments, Secretary General Antonio Guterres outlined the precarious financial shortfalls stating, "The resulting liquidity crisis could disrupt operations globally and ultimately threaten the organization's ability to fully implement its mandates."

Naturally some countries such as Australia and Canada always pay on time. So do states such as Estonia and Singapore and Switzerland.

Typically the U.S. paid its dues "late" because the Federal budget fiscal year only starts in October, not when the payments are due in January. Thus this situation is nothing new but nonetheless reflects the bottom line that the U.S. remains the largest contributor to the U.N. system and thus is felt disproportionally.

Historically the United States has carried the burden since the U.N.'s founding by the "Big Five" Allied powers at the end of World........

© The Korea Times