The post UN Peacekeeping Ops in Cash Crunch, Owes USD 26 Mn to Nepal appeared first on Nepali Sansar.
]]>But the country’s efforts to UN peacekeeping operations are not completely paid off!
As the latest reports say, the United Nations is due to pay around USD 26 million to Nepal for its support to global peacekeeping operations, as of March 2019.
A latest report titled ‘Improving the financial situation of the United Nations’ presented by the
UN Secretary-General Antonio Guterres to the General Assembly in March 2019 revealed the fact.
According to the report, UN peacekeeping operations are facing liquidity constraints and the cumulative cash balances are declining with increasing arrears and late payments.
As of December 2018, the total UN peacekeeping arrears stood at USD 1.5 billion, with more than USD 1 billion related to active missions.
Surprisingly, the organization did not have cash for two of its missions, which it managed by borrowing from closed peacekeeping missions.
Overall, the international body could only reimburse half of the amount to the peacekeeping troops and police-contributing countries in Q1 2019.
“Over the past year, the United Nations has seen an increase in the number of peacekeeping missions that are frequently cash-constrained. That puts at risk not only the functioning of its operations, but also people who serve in difficult environments. It also means that the UN cannot reimburse troops and police contributing countries when required,” says Guterres.
According to him, UN is due to make payments to India (USD 38 million), followed by Rwanda (USD 31 million), Pakistan (USD 28 million), Bangladesh (USD 25 million) and Nepal (USD 23 million), among other countries.
Guterres feels that the consequences of delay in payments has resulted in three major effects for UN operations.
“The short-term effect of not reimbursing countries that have incurred costs creates pressure on their own finances….
…. In the long-term, the delay in payments creates an impediment to attracting countries that are able to deploy new units to peace operations, including those that can provide much-needed, highly specialized capabilities, including aviation, hospitals with medical and casualty evacuation, engineering, explosive ordnance disposal and de-mining…..
Delays are a particular disincentive for developing countries,” Guterres adds.
This situation is forcing UN to manage its existing financial gaps through the cash intended for future operations, he adds.
According to the report, around 73 UN member states have already made their full contributions by Q1 of 2017 and 2018, compared to 62 in 2016 and 67 in 2015. The number went further in 2019 taking the total contributors to 74.
Stay tuned for fresh updates on ‘UN Peacekeeping Operations Cash Crunch’
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]]>The post 73rd UNGA Session: Nepal Mulls Global Support for Development appeared first on Nepali Sansar.
]]>Gyawali, who was in New York for the 73rd UNGA Session, informed that the Nepali delegation led by PM KP Sharma Oli will utilize the platform to showcase Nepal’s hard-earned achievements to the world.
The UNGA session will help Nepal garner an additional global-level support by presenting its efforts, the Minister added.
Gyawali further informed that Nepal received goodwill from the international community, including UN, and the government is now striving to ensure that these improvements get reflected in local development.
In this regard, a set of new principles and approach have also been put forth towards effective participation of global organizations in achieving peace and sustainable development.
“Health and education sectors see nominal spending compared to the public money spent in wars,” said Gyawali as he raised concerns over improper implementation of actions pertaining to Sustainable Development Goals (SDGs).
Gyawali further expressed hope that the discussions, Nepali delegation will hold with heads of various nations as part of UNGA, will enhance Nepal’s diplomatic ties on a global scale.
As a sensational comment, Gyawali said some world nations are choosing protection policies as a move to revert globalization. He raised concern that efforts are being made to weaken global multilateral bodies like Human Rights Council, World Trade Organization and Climate Change Paris Pact.
Trade and human rights are among key aspects that Gyawali raised on the side-lines of the UNGA session.
Nepal delegation led by PM KP Sharma Oli has left to New York on September 22, 2018 to take part in the 73rd UNGA Session, which includes address to UNGA main conference and a special meeting with the UN Secretary-General Antonio Guterres on September 27, 2018.
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