NEW YORK (FOX NEWS) - United Nations Secretary-General Antonio Guterres says the U.N. is running out of money and is urging members to pay up amid a looming financial crisis for the international body.
In a letter to staff this week, seen by Fox News, Guterres says he has warned member states of a “troubling financial situation facing the United Nations," which he says is caused by late payments to the U.N. by member states.
“Our cash flow has never been this low so early in the calendar year, and the broader trend is also concerning; we are running out of cash sooner and staying in the red longer,” he says.
Guterres went on to say that the organization will be taking measures to look at reducing costs, in a way that won’t affect their mission. He said he also will be proposing to states various steps to strengthen financial stability at the U.N.
Trump administration threats to cut funding do not appear to be directly linked to the cash crunch.
While the administration has been eyeing carefully its payments to various U.N. funds and agencies, the U.S. has not yet reduced or delayed its payments to the budget, though due to the fall start of the U.S. fiscal year, payments usually come later in the year.
Secretary-General spokesman Stephane Dujarric told reporters Thursday that the issue is “late payments and payments not yet received to the regular budget.”