UN General Assembly approves $3.07 billion budget for 2020

UN General Assembly approves $3.07 billion budget for 2020

• The UN General Assembly has adopted the regular operating budget of $3.07 billion ($3,073,830,500) for the United Nations for the year 2020 and for the first time includes funding for the investigation of war crimes in Syria and Myanmar.
• It is also for the first time since 1973 that the UN is adopting an annual operating budget instead of a two-year.
• Previously the budgets for the Syria and Myanmar investigations were financed by voluntary contributions but now in 2020, the funding has been transferred to the UN secretariat’s budget and will receive compulsory contributions from the 193 member states.
• The UN’s operating budget is separate from the annual budget for peacekeeping operations.