Members of the United Nations Agree on a $6.5 Billion Peace Budget

The United Nations’ 193 member nations struck an agreement on the budget for peacekeeping operations on Tuesday, averting a mission closure.

The financial affairs committee of the United Nations General Assembly passed a draught resolution. The approved budget is estimated to be about $6.5 billion and covers a 12-month period beginning in July. The quantity is similar to that of 2020. All requests from all delegations were abandoned at the same time, allowing a resolution to be passed.

On Wednesday, the UN General Assembly formally approved the resolution, allowing missions with over 100,000 peacekeepers stationed around the world to continue. UN spokesman Stephane Dujarric stated that they will now have the necessary spending authority from July 1 without any operational shutdowns, which is good news.

The missions’ capacity to carry out its objectives, including aiding countries in the COVID-19 response, protecting civilians, and other essential missions activities, would have been hampered if operations were halted. Their recurrent failure to meet deadlines puts the entire peacekeeping framework at risk.

 The annual budget for UN peacekeeping is separate from the $3 billion budget for UN operations. This budget mandate, which runs from January to December, is frequently the topic of contentious negotiations.

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