December 25, (THEWILL) – The United Nations General Assembly (UNGA) has approved the 2024 budget of $3.59 for the United Nations.
UN Secretary-General, Antonio Guterres, had in October presented a $3.3 billion budget proposal to the General Assembly, stressing to delegates at the Assembly’s main budget committee that “the role of the United Nations has never been more vital.”
A statement by the Office of the President of the General Assembly said the budget was approved on Friday.
The 193-member General Assembly also adopted nearly $50 million in additional funding for decisions taken by the Human Rights Council, the UN’s primary forum on human rights matters.
Additionally, it approved $50 million of assessed contributions per annum to fund the Account, starting January 1, 2025.
The Assembly also established the Peace-building Account, a dedicated multi-year special account, as a modality to finance the Peace-building Fund.
The Peace-building Fund is the UN’s leading instrument to invest in prevention and peace-building efforts and support joint responses to address critical peace-building opportunities, connecting development, humanitarian, human rights and peace-building pillars.
