SC/6432/Rev.1*
23 October 1997
Secretary-General Kofi Annan will present this afternoon his $2.583 billion budget proposal to cover the expenses of the United Nations during the next two years, as the Fifth Committee (Administrative and Budgetary Committee) begins its discussion of the subject.
Following is the text of Secretary-General Kofi Annan's statement in presenting his 1998-1999 budget proposal to the Fifth Committee (Administrative and Budgetary) this afternoon: