UN 2016-2017 Budget 1.6% Lower Compared to Current Spendings

© AFP 2023 / Don EmmertUnited Nations Secretary general Ban Ki-moon speaks at the 70th session of the United Nations General Assembly September 28, 2015 at the United Nations in New York
United Nations Secretary general Ban Ki-moon speaks at the 70th session of the United Nations General Assembly September 28, 2015 at the United Nations in New York - Sputnik International
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The UN budget for 2016-2017 will be reduced by 1.6 percent compared to spending over the previous two years, UN Secretary-General Ban Ki-moon said on Monday.

UNITED NATIONS (Sputnik) — According to the secretary-general, the 2016-2017 budget reflects the organization's progress.

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"For the biennium 2016-2017, I am now proposing a budget level of $5.57 billion, before recosting. This is 1.6 per cent, or $90.8 million, below the appropriation for the current biennium, and is $10.2 million, or 0.2 per cent, above the budget outline figure set by the General Assembly," Ban said addressing the General Assembly.

The preliminary recalculation is expected to make up $125 million, bringing the regular budget requirements to $5.69 billion, Ban added.

Some $1.12 billion will be allocated for special missions aimed at maintaining peace and security, the UN chief said.

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