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Story summary
- UN Secretary-General António Guterres announced a budget of US$3.238 billion for 2026, a 15.1% decrease from 2025.
- The budget cut results from delayed payments from major contributors, including the US and China, which jeopardizes UN operations.
- Guterres highlighted a liquidity crisis, with the UN currently $760 million in arrears and a $300 million refund obligation.
- Funding for peacekeeping and human rights initiatives will continue, with the Office of the High Commissioner for Human Rights expanding its global presence.
- A final budget decision is anticipated by December 2023.
