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UN Secretary-General Launches 'UN80 Initiative' to Enhance Efficiency Amid Financial Crisis

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UN Secretary-General Launches 'UN80 Initiative' to Enhance Efficiency Amid Financial Crisis

Summary/StaticDetails
Why in the news?UN Chief Announces 'UN80 Initiative' to Boost Efficiencies Amid Uncertainty
Initiative NameUN80 Initiative
Launched ByUN Secretary-General Antonio Guterres
ObjectiveBoost efficiency, review mandates, and implement structural reforms
Task Force LeaderUnder-Secretary-General Guy Ryder
Reason for LaunchFinancial crisis, liquidity issues, and increasing global challenges
UN Budget (2025)$3.72 billion
Peacekeeping Budget (2024-25)$5.6 billion
Largest ContributorUnited States (22% of the regular budget, 27% of the peacekeeping budget)
India's Contribution$37.64 million (Paid on time and in full)
Impact of FundingCuts Reduction in humanitarian aid and staff layoffs

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