At $62 million, U.N. owes India the maximum for peacekeeping contribution

U.N. Under-Secretary-General for Management Yukio Takasu told reporters here on Wednesday that.the world body owed “the largest amount” of $62 million to India, followed by Bangladesh at $59 million, Pakistan at $49 million and Ethiopia at $47 million.

At about 7,695 troops, India is currently the second largest contributor amongst all U.N. troopparticipants.

The United countries owes India $sixty two million — the most it has to pay to any u . s . — for contributiontowards peacekeeping operations such as troops and system, the top reliable of the world body said.

As on March 31, 2016, the United nations owed troop contributing nations a complete of $827 million,inclusive of $261 million in troop costs and $480 million for gadget for lively missions, below-Secretary-widespread for control Yukio Takasu told newshounds here on Wednesday.

The wreck-up

Of this general, he said the UN owed “the largest amount” of $sixty two million to India, followed by means of Bangladesh at $59 million, Pakistan at $49 million and Ethiopia at $47 million.

He said debts to troop contributing countries is “always a source of problem due to the fact it’s far very unfair for them that they offer all the valuable troops, personnel and device and they’re not reimbursedtimely because of economic issues.”

At about 7,695 troops, India is presently the second one largest contributor among all U.N. troopparticipants.

India has continually been top contributor

traditionally, India has been among the biggest contributor of troops to U.N. peacekeeping operations, withnearly 1,eighty,000 troops having served in over 44 of the sixty nine peacekeeping operations to date.

The united states of america has again and again called for the security Council to seek advice fromtroop-contributing countries earlier than drawing up peacekeeping mandates given that troops now have tocharacteristic in an increasing number of difficult and antagonistic battle situations internationally’s hotspots.

U.S. owes cash to U.N.

the various countries that owe the U.N. cash is america, which has to pay $1.3 billion for peacekeeping and $917 million in the direction of ordinary price range.

Mr. Takasu said the sector enterprise’s monetary scenario “is sound and effective”, noting, however, thatthere isa few worryconcerning the regions of regular finances and reserves. “The financial state of affairs of the United nations is normally sound,” he said.

His overview to the overall assembly’s 5th Committee, which is tasked with administrative and budgetaryissues, protected info on the 4 major assessment areas of the everyday price range; UN peacekeeping operations; worldwide tribunals; and the Capital grasp Plan.

Takasu stated the corporation’s cash balances have been advantageous at the end of 2015, besides for the regular finances, which confirmed a shortfall of USD 217 million, which is being funded with the aid of a “very small reserve“.

“I think it’s prudent to review the adequacy of the reserves. The normal budget is usually tight in theremaining zone of the 12 months, and that is expected in 2016. The query is whether or not the scale of the reserve is good enough,” he introduced.

For the 2015 normal budget, member States were obligated to make a contribution a complete of USD 2.771 billion, an growth of USD 159 million from 2014. payments obtained had been USD 237 millionbetter in 2015 than in 2014, Takasu stated.

Unpaid assessed contributions stood at USD 1.43 billion as of April 30, 2016, down USD 163 million from thesame duration the previous 12 months.

For peacekeeping operations, Takasu said the total of unpaid exams on the quit of 2015 become USD 976 million, reflecting a decrease of USD 306 million from the preceding 12 months.

As of April 30, new checks of USD 3.9 billion have been issued, of which USD 2.four billion remain unpaid, he said.