UN thanks India for timely payment of annual dues; India the fourth country making early compliance

News Bharati    11-Jan-2020 19:51:31 PM
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United Nations, January 11: The United Nations on Friday thanked India for paying its annual due for 2020 ahead of schedule. UN Secretary-General Antonio Guterres' spokesperson Stephane Dujarric thanked India for paying the full $23.4 million which is the regular budget assessment.
 
 
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As of January 10, only four member countries, including India, have paid their dues to the cash-strapped intergovernmental organisation. Though the fourth country to pay this year, India is so far the largest contributor.
 
Very few countries pay their dues by the January-end deadline and there is a large list of countries in arrears from past years. The United Nations made sure to state clearly that only four member states have paid their annual dues for 2020, so far.
 
 
 
The UN is currently facing a financial crisis, primarily due to member countries not paying their due amount in time. Of its 193 members, 47 had not paid their dues last year, creating a cash crunch. The UN Secretary-General has called this crisis the ‘the worst cash crisis facing the United Nations in nearly a decade.’ Several services, including even the air conditioning facility and escalators at the Secretariat, had to be curtailed.