The Organization’s financial indicators for 2016 remained “generally sound and positive” except for the empty cash position of the regular budget and an accompanying reserve fund that was nearly exhausted, a United Nations senior management official told the Fifth Committee (Administrative and Budgetary) today.
Inga Rhonda King, Permanent Representative of Saint Vincent and the Grenadines, was elected Chair of the Fifth Committee (Administrative and Budgetary) on 29 September 2016 (see Press Release GA/AB/4202).
The Fifth Committee (Administrative and Budgetary) today explored ways to make the United Nations more accountable, transparent and effective through better oversight, with delegates stressing the need to prevent sexual exploitation and abuse and to protect civilians.
Members of the Fifth Committee (Administrative and Budgetary) today urged each other to work together during the current session as they tackled a complex and ambitious agenda that included forming an outline for the Organization’s two-year multi-billion-dollar budget for 2018-2019 and financing of the new blueprint for global advancement known as the 2030 Agenda for Sustainable Development.
Concluding its second resumed session, the Fifth Committee (Administrative and Budgetary) today sent 25 draft resolutions and one decision to the General Assembly, asking the world body to authorize the allocation of $7.86 billion to finance 15 peacekeeping missions for the year beginning 1 July 2016.
Delegates called for a more detailed picture of funding needed by the Secretariat to help implement the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda, as the Fifth Committee (Administrative and Budgetary) considered the Secretary-General’s report on the subject.
With 37 Member States having paid all their assessments so far this year, speakers in the Fifth Committee (Administrative and Budgetary) today emphasized the need for all countries to fulfil their financial obligations to the United Nations — and warned of the impact on peacekeeping if they failed to do so.
The Fifth Committee (Budgetary and Administrative) heard today how the United Nations had sought to manage the costs of its far-flung peacekeeping missions, for which a budget of $8.25 billion has been proposed for 2016/17, down fractionally from the 2015/16 period.
Recent developments on the ground necessitated additional budgetary resources for the United Nations Peacekeeping Force in Cyprus (UNFICYP), the Fifth Committee (Administrative and Budgetary) heard today, as it took up resources proposals for a pair of active peacekeeping operations, as well as the final budget performance of several closed missions.
The financial health of the United Nations remained “generally sound and positive”, the Organization’s senior management official told the Fifth Committee (Administrative and Budgetary) today, adding that some areas still needed to be closely monitored and that Member States must make all efforts to meet their obligations.
