For only the second time in the last 50 years, the United Nations is cutting its budget, this time by $250 million US. In an agreement on Saturday morning, the two-year budget will be slashed from $5.41 billion US to $5.15 billion. UN runs with the funds from its 193 members but with declining economies all suffering a major economic crisis. "All budget years are tough. But this year was especially difficult," UN Secretary General Ban Ki-moon. "Governments and people everywhere are struggling. One year from now, I will return to you with greater cost savings," the UN chief vowed. World Students Society Of Computers,
Internet & Wireless
.png)
|
The Best Students Newspaper In The World: Newsblogs Video Community
| Education | Health | Opportunities | Environment | Justice |
| SAM | Technology | Entertainment | Headlines |
|
12/27/2011
UN Budget Cuts
For only the second time in the last 50 years, the United Nations is cutting its budget, this time by $250 million US. In an agreement on Saturday morning, the two-year budget will be slashed from $5.41 billion US to $5.15 billion. UN runs with the funds from its 193 members but with declining economies all suffering a major economic crisis. "All budget years are tough. But this year was especially difficult," UN Secretary General Ban Ki-moon. "Governments and people everywhere are struggling. One year from now, I will return to you with greater cost savings," the UN chief vowed. 
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment
Grace A Comment!