AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.00 Decreased By ▼ -0.53 (-0.41%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.70 Decreased By ▼ -0.24 (-2.68%)
DFML 41.00 Decreased By ▼ -0.69 (-1.66%)
DGKC 81.30 Decreased By ▼ -2.47 (-2.95%)
FCCL 32.68 Decreased By ▼ -0.09 (-0.27%)
FFBL 74.25 Decreased By ▼ -1.22 (-1.62%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.03 Decreased By ▼ -0.52 (-0.47%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.29 Decreased By ▼ -0.10 (-1.86%)
KOSM 7.63 Decreased By ▼ -0.77 (-9.17%)
MLCF 38.35 Decreased By ▼ -1.44 (-3.62%)
NBP 63.70 Increased By ▲ 3.41 (5.66%)
OGDC 194.88 Decreased By ▼ -4.78 (-2.39%)
PAEL 25.75 Decreased By ▼ -0.90 (-3.38%)
PIBTL 7.37 Decreased By ▼ -0.29 (-3.79%)
PPL 155.74 Decreased By ▼ -2.18 (-1.38%)
PRL 25.70 Decreased By ▼ -1.03 (-3.85%)
PTC 17.56 Decreased By ▼ -0.90 (-4.88%)
SEARL 78.71 Decreased By ▼ -3.73 (-4.52%)
TELE 7.88 Decreased By ▼ -0.43 (-5.17%)
TOMCL 33.61 Decreased By ▼ -0.90 (-2.61%)
TPLP 8.41 Decreased By ▼ -0.65 (-7.17%)
TREET 16.26 Decreased By ▼ -1.21 (-6.93%)
TRG 58.60 Decreased By ▼ -2.72 (-4.44%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,450 Increased By 43.4 (0.42%)
BR30 31,209 Decreased By -504.2 (-1.59%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

UN member countries on Sunday agreed to a peacekeeping budget of just under $6.7 billion, according to diplomatic sources. Two sources confirmed to AFP an agreement had been reached for $6.689 billion, about $122 million less than what had been recommended by a panel of experts. It is also about $600 million less than last year's final figure of $7.3 billion. Last year's budget was initially set at $6.8 billion but was boosted in December by an additional $500 million for missions in Haiti and Sudan's Darfur.
The United Nations currently has about 100,000 peacekeepers operating around the world, on fourteen active missions. The budget is set to be formally endorsed by the General Assembly later Sunday or Monday. The most important and therefore financially demanding missions are in South Sudan, the Democratic Republic of Congo and in Mali, each running to more than $1 billion a year.
The peacekeeping budget is separate from the UN's operating budget which is announced in December. Last year, the top contributors to peacekeeping funding were the United States with 28.5 percent, China with 10.3 percent and Japan with 9.7 percent. But in March, US Ambassador to the UN Nikki Haley said other countries need to "step up" and pay a bigger share, adding Washington would cap its contribution to 25 percent.
The cap of 25 percent of the US contribution has been in US law since the 1990s, but Congress has in the past waived that requirement at the administration's request. President Donald Trump's administration has taken a hard line on UN funding, cutting contributions and pushing for cost-saving reforms.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.