January 1, 2026 10:05 AM
UN begins 2026 with reduced $3.45 billion budget, 19% job cuts
Facing a severe cash crunch, the United Nations has begun 2026 with a reduced budget of $3.45 billion and plans to cut 19 per cent of its workforce. The General Assembly adopted a budget that broadly reflects Secretary-General António Guterres’ proposal, though it is higher than the $3.238 billion he had initially sought. The approved budget is about $270 million, or 7.25 per cent, lower than the $3.72 billion budget for 2025. The allocation covers only the UN’s regular operations. Budget...
