India is among 34 United Nations-member states that paid their regular budget dues in full and on time to the world organization.
India has paid 23.25 million dollars in regular budget assessment by January 31, 2019, the 30-days due period was considered as per the Financial Regulation Rules of the United Nations.
Besides India, only 33 other nations have paid their regular budget assessments in full and on time. Following the end of 30-days due time (January 31), 95 additional member states have also paid their regular budget assessment for 2019 in full.
As of October 8, 2019, total 129 member states have paid their regular budget dues in full, report the UN sources. The UN member states have also paid USD 1.99 billion towards the regular budget assessment in 2019, while the outstanding amount for this year for regular budget is USD 1.386 billion.
However, 64 UN member states are yet to pay off their regular budget dues in full for this year, which include Bangladesh, Central African Republic, Israel, Philippines, Saudi Arabia, United States, Afghanistan, Brazil, North Korea, Iran, Mexico, Oman, South Korea, Sri Lanka, and Venezuela.
India has been among the few nations to have fully paid its dues on time to the United Nations, it owed India USD 38 million, which is the highest it has to pay to any nations, for peacekeeping operations as of March 2019.
United Nations is facing a “severe liquidity crisis”, reaches its deepest shortage of the decade, the United Nations Secretary-General Antonio Guterres has said that the world organization will not have enough cash by next month to cover payrolls.
Mr. Guterres has warned that in the coming months, the organization will reach the deepest shortage of the decade, adding that “we risk exhausting the closed peacekeeping cash reserves, and entering November without enough cash to cover payrolls.”