The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

UN Approves Core Budget of $3.45B for 2026 Amid Financial Struggles

UN Approves Core Budget of $3.45B for 2026 Amid Financial Struggles

Post by : Bianca Haleem

Dubai: The United Nations has secured approval for its core budget for 2026, totaling $3.45 billion, as it grapples with financial constraints and plans to downsize its workforce significantly. Following extensive discussions, the General Assembly ratified a budget slightly surpassing the $3.238 billion suggested by Secretary-General António Guterres.

This financial plan encompasses only the UN’s fundamental operations, intentionally excluding peacekeeping missions and specialized agencies such as UNESCO and the World Health Organization, which operate under distinct funding guidelines. The approved sum depicts a cut of about $270 million, or 7.25%, from the $3.72 billion available for 2025.

The Assembly sanctioned the necessary funds to sustain key activities in the realms of peace and security, sustainable development, and human rights, in line with the ongoing UN80 reform initiative aimed at optimizing administrative workflows as the organization approaches its 80th anniversary.

UN Controller Chandramouli Ramanathan enlightened delegates that the Secretariat produced the draft budget in a notably short timeframe of under six weeks, addressing a multitude of inquiries from oversight bodies and member states. He noted that the consensus achieved on the budget underscores the strength of the UN’s budgeting framework.

Despite the budget’s approval, Ramanathan warned that significant challenges lie ahead during its execution, urging member states to ensure timely payments of their assessed contributions to mitigate cash-flow challenges. As it enters 2026 with a reduced budget and a projected 19% workforce reduction, the UN remains committed to fulfilling its primary mission amid increasing financial pressures.

Jan. 1, 2026 1:24 p.m. 1426
Global News World News

More Trending News

Featured Stories

Kuwait Customs Seizes 855g Gold From Two Indian Flyers Today
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian passengers bound for Ahmedabad and seized 855g of 24-karat gold hidden in belt buckles and a bracelet at the airport
Read More
Kuwait Foils Food Smuggling Plot at Shuwaikh Port
Aug. 19, 2026 12:38 p.m.
Kuwait Customs seized more than 2,200 subsidized food items hidden in six containers bound for Sri Lanka, preventing their illegal export from Shuwaikh Port
Read More
Los Angeles Port Records Second-Highest July Cargo Volume
Aug. 19, 2026 11:38 a.m.
Port of Los Angeles handled 960,464 TEUs in July, its second-highest July volume, as strong consumer demand and AI data center projects boosted imports
Read More
Qatar and Grenada Strengthen Ties Through New Areas of Cooperation
Aug. 19, 2026 11:10 a.m.
Grenada PM Dickon Mitchell says Qatar-Grenada ties are growing, with both nations seeking stronger cooperation in education, healthcare, tourism, aviation
Read More
UAE Supports Stronger GCC-ASEAN Cooperation in Jakarta
Aug. 18, 2026 3:40 p.m.
The UAE joined the 3rd GCC-ASEAN meeting in Jakarta to review cooperation, discuss regional priorities and advance practical initiatives for shared growth
Read More
Oman's Tallest Observation Wheel, Salalah Eye, Unveiled
Aug. 18, 2026 1:40 p.m.
The newly opened Salalah Eye enhances tourism in Dhofar, offering stunning views amid the bustling Khareef season in Oman.
Read More
Riyadh Police Arrest Driver After Stolen Car Crash
Aug. 18, 2026 1:14 p.m.
Riyadh police arrested a driver accused of drifting in a stolen vehicle, hitting a pedestrian and fleeing the scene before being referred to prosecutors
Read More
South Korea Welcomes Reduced US Military Drills, Eyes North Korea Talks
Aug. 18, 2026 12:21 p.m.
Seoul hopes Trump's cutback of joint military drills will aid in reviving US-North Korea dialogue and reducing regional tensions.
Read More
Kuwait Customs Seize 228 Meth-Infused Sheets at Airport
Aug. 18, 2026 11:44 a.m.
Kuwait Customs intercepted a British visitor at Terminal 4 with 228 A4 sheets suspected of being infused with meth, known locally as Shabu
Read More
Sponsored
Trending News