A tentative deal to cut nearly US$600 million from the UN peacekeeping budget was reached on Wednesday (Jun 28), capping weeks of tough negotiations over US demands for a sharp reduction in costs, UN diplomats said. Under the deal agreed by a budget committee of the General Assembly, the United Nations will spend US$7.3 billion on peacekeeping in the coming year, down from the current US$7.87 billion – roughly a seven per cent cut – according to diplomats familiar with the negotiations. The United States, the biggest financial contributor to the peacekeeping budget, had sought a nearly US$1 billion cut to the bill and the European Union had also pushed for savings to bring costs down to US$7.3 billion. Hardest hit by the cuts will be the UN missions in Sudan’s troubled region of Darfur and in the Democratic Republic of Congo, the two costliest operations with budgets that run over US$1 billion.
Source – Africa Center for Strategic Studies