Trump Administration Starts $725 Million UN Transfer as US Still Owes More Than $4 Billion
Updated
Updated · The Guardian · Aug 21
Trump Administration Starts $725 Million UN Transfer as US Still Owes More Than $4 Billion
1 articles · Updated · The Guardian · Aug 21
Summary
$725 million is being moved to the United Nations under an Aug. 4 State Department notice to Congress, with the transfer expected before Donald Trump addresses the UN General Assembly next month.
The payment would cover less than 20% of the more than $4 billion the UN said in May it was owed by the United States, though Washington disputes that total and says it has made some payments.
António Guterres has warned the UN faces imminent financial collapse, and experts said the transfer could temporarily cover salaries and help the organization avoid immediate spending cuts.
January is the next pressure point: without further payments, experts said the United States could lose its General Assembly voting rights under Article 19 if arrears exceed two years of assessed dues.