By Prudence Arobani/New York
The United Nations is running out of cash, Secretary-General Antonio Guterres has warned, saying the cash crunch is the worst in years.
The UN chief urged member states to pay their mandatory contributions on time and in full, so that the world intergovernmental body could continue to deliver on its key mandates.
In a letter to UN staff, the secretary-general stated that he had “written to member states regarding the troubling financial situation facing the United Nations.’’
Guterres wrote: “Caused primarily by the delayed contributions of member states to the regular budget, this new cash shortfall is unlike those we have experienced previously.
“Our cash flow has never been this low so early in the calendar year, and the broader trend is also concerning: we are running out of cash sooner and staying in the red longer.’’
Nigeria had paid its…
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