UN Secretary-General Launches 'UN80 Initiative' to Enhance Efficiency Amid Financial Crisis
Summary/Static | Details |
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Why in the news? | UN Chief Announces 'UN80 Initiative' to Boost Efficiencies Amid Uncertainty |
Initiative Name | UN80 Initiative |
Launched By | UN Secretary-General Antonio Guterres |
Objective | Boost efficiency, review mandates, and implement structural reforms |
Task Force Leader | Under-Secretary-General Guy Ryder |
Reason for Launch | Financial crisis, liquidity issues, and increasing global challenges |
UN Budget (2025) | $3.72 billion |
Peacekeeping Budget (2024-25) | $5.6 billion |
Largest Contributor | United 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 Funding | Cuts Reduction in humanitarian aid and staff layoffs |