Ban pledges further cuts after UN approves lowest budget in years

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Ban Ki-moon

UN Secretary-General Ban Ki-moon has pledged to do more with less, following the General Assembly's vote to cut 5% from the organization's two year budget.

The cut brings the UN's expenses to US$ 5.15 billion, that's down from US$ 5.41 billion in the last cycle.

The adoption of the new budget took place over the Christmas weekend after a long discussion amongst the 193 member states.

Mr. Ban Ki-moon commended the Assembly for its willingness to make hard choices.

"The task at hand is complete, but the imperative to do more and better with less remains. That is why I give you my pledge: I will instruct all my managers to continue to finding new ways to make most of our precious resources. I will ensure that we optimize your contributions."

Mr. Ban said the year has been particularly difficult for people and Governments because of the economic crisis.

Duration: 26”

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