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UN General Assembly approves budget rule reform, Antonio Guterres welcomes decision

UN Secretary-General António Guterres welcomed the General Assembly's approval of new financial rules that change how unspent budget funds are returned to member states. The four-year trial aims to improve financial stability and ensure more predictable funding for UN operations

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Antonio Guterres. Pic/AFP

Antonio Guterres. Pic/AFP

UN Secretary-General Antonio Guterres welcomed the General Assembly's decision on unspent budget funds. 

"I welcome today's (Tuesday's) decision by the General Assembly to reform financial rules that were putting the Organization's stability at risk. By its vote, the Assembly has agreed to introduce, for a four-year trial period, a new methodology to ensure that unspent funds are returned to Member States only when they are backed by cash," said Guterres in a statement.

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