Jin10 reported on August 3 that in the face of the funding withdrawal threat from its largest donor, the United States, UN Secretary-General Guterres is implementing a comprehensive reform plan involving a $700 million budget cut. The plan calls for a 20% reduction in expenditures and staffing levels, which will bring the UN's annual budget to its lowest level since 2018, with an estimated 3,000 positions set to be cut. Although officials have linked this reform plan to the 80th anniversary of the UN's founding, the scale of the cuts directly reflects the threat of disrupted funding from the U.S.—traditionally, the U.S. covers 22% of the UN's budget. Trump has suspended the payment of dues and withdrawn from several UN agencies, and a broader review is expected to lead to further funding cuts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The United Nations launches the "Survival Plan" to address the funding cut threat from the Trump administration.
Jin10 reported on August 3 that in the face of the funding withdrawal threat from its largest donor, the United States, UN Secretary-General Guterres is implementing a comprehensive reform plan involving a $700 million budget cut. The plan calls for a 20% reduction in expenditures and staffing levels, which will bring the UN's annual budget to its lowest level since 2018, with an estimated 3,000 positions set to be cut. Although officials have linked this reform plan to the 80th anniversary of the UN's founding, the scale of the cuts directly reflects the threat of disrupted funding from the U.S.—traditionally, the U.S. covers 22% of the UN's budget. Trump has suspended the payment of dues and withdrawn from several UN agencies, and a broader review is expected to lead to further funding cuts.