UN members agree to cut budget for 2nd time in 50 years

By REUTERS
December 25, 2011 04:47

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

The United Nations voted Saturday to cut its budget for only the second time in its history, AFP reported.

After a long night of negotiations, a deal was struck setting the 2012-2013 budget at $5.15 billion, down from the previous budget of $5.41 billion.

Both the US and European countries supported the budget cuts. US negotiator Joseph Torsella was quoted by AFP as saying the new budget would provide for "a strengthened, more efficient, and more effective United Nations that saves the American taxpayers millions of dollars and sets the United Nations on the path of real fiscal discipline and continued reform."

UN Secretary-General Ban Ki-moon praised the new budget and vowed more cuts in the future. "Governments and people everywhere are struggling," he stated.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 18, 2018
Agriculture Minister Uri Ariel visits Temple Mount

By JERUSALEM POST STAFF