UN risks 'imminent financial collapse', secretary general warns

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UN Secretary-General António Guterres warned that the United Nations is at risk of "imminent financial collapse" due to member states failing to pay their assessed contributions. In a letter to ambassadors, Guterres stated that the UN could run out of money by July, threatening program delivery. He emphasized that all 193 member states must honor their payments or the organization's financial rules must be overhauled. The warning comes after the US, the UN's largest contributor, has refused to contribute to certain budgets and withdrawn from agencies. Guterres noted that unpaid fees reached a record amount in 2023, and that the UN is unable to return unspent money to members because it does not exist. He urged member states to fulfill their financial obligations to avoid collapse.
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