Secretary general says U.N. could be out of money by November

by Daniel Payne · Oct 9th, 2019 4:10 pm

Last Updated Nov 18th, 2019 at 3:42 pm

The secretary general of the United Nations told the international governing organization this week that it could be out of cash by the end of the month.

António Guterres wrote in a letter on Monday that the U.N., which is currently running a $230 million deficit, could be broke in just a matter of weeks. The members of the U.N., Guterres said, have paid just 70 percent of their obligations this year.

The secretary general urged the countries who are part of the organization to pay what they owe immediately.

The U.N. employs more than 40,000 men and women. Its operating budget this year is around $5.4 billion.