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General Assembly approves UN regular budget for 2020

New York: The General Assembly has approved an annual regular budget for the UN, in its first annual planning and budgeting in 45 years.

The budget for 2020 is $3.074 billion, compared with $2.849 billion for 2019, Xinhua news agency reported.

Since 1974, the UN budget had been prepared every two years.

The regular budget covers UN activities across a range of areas, including political affairs, international justice and law, regional cooperation for development, human rights, and humanitarian affairs, and public information.

The world body has a separate budget for its peacekeeping operations.

The peacekeeping budget is $6.51 billion for the fiscal year ending on June 30, 2020.

The regular budget covers the calendar year.

 

 

SOURCE: IANS