UN Changes Rule To Avoid Financial Collapse
Summary
The United Nations changed a budget rule to stop refunding member countries money they never paid, aiming to fix its money problems. The U.S. and China owe large amounts, and the UN was close to running out of funds, risking its operations.Key Facts
- The UN used to refund unspent funds to member countries, even if they had not paid their dues.
- This refund rule caused financial problems because some countries were late or did not pay at all.
- The U.S. is the largest contributor, responsible for 22% of the UN budget, but owes about $2.2 billion.
- China owes around $400 million in unpaid fees.
- The UN's unpaid dues reached $1.6 billion in 2025, with total arrears over $6.5 billion, including peacekeeping and tribunals.
- Secretary-General António Guterres warned the UN was close to bankruptcy and might have to close its New York headquarters.
- The General Assembly changed the rule to manage the budget more responsibly and prevent financial collapse.
- The new budget approved for peace, development, and human rights is $3.45 billion.
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