News Excerpt:
India has contributed USD 32.895 million to the United Nations Regular Budget for 2024, joining the "honour roll" of 36 Member States who have paid their regular budget dues in full to the UN on time.
- India has consistently been among the countries to pay its contributions to the UN budget on time and in full.
Funding of Member countries to UN:
The UN is largely funded by governments. Funding from Member States for the UN system comes from two main sources: Assessed and Voluntary contributions.
- Assessed contributions: These are payments that all UN Member States are required to make.
- These assessments provide a reliable source of funding to core functions of the UN Secretariat via the UN regular and peacekeeping budgets.
- In addition, the UN’s specialized agencies have their own assessed budgets.
- Voluntary contributions: These are not obligatory, but instead left to the discretion of individual Member States.
- These contributions are vital to the work of the UN’s humanitarian and development agencies—including the UN Children’s Fund (UNICEF), World Food Programme (WFP), UN Development Programme (UNDP), UN Refugee Agency (UNHCR), and UN Population Fund (UNFPA), among others—which do not have assessed budgets.
How are UN peacekeepers compensated?
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