Secretary-General Unveils $5.4 Billion 2014-2015 Budget to Fifth Committee, Net Reduction of Posts Draws Mixed Reviews from Delegates
GA/AB/4080
The Fifth Committee (Administrative and Budgetary) today heard United Nations Secretary-General Ban Ki-moon formally unveil an initial budget proposal of $5.404 billion for the 2014-2015 biennium that begins on 1 January. That figure was 2.9 per cent lower than the budget for the current biennium that was set forth last December, he said. Despite efforts to minimize the impact of reductions, it was unrealistic to think they would have no impact.