General Assembly's financial rule changes seen as stabilizing peacekeeping budgets
U.N. briefers said the General Assembly's decision to reform financial rules on returning unspent funds (a four-year trial requiring cash backing) will help avoid immediate returns of $224 million and nearly $900 million by next June and improve predictability for peacekeeping missions.
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U.N. briefers welcomed a General Assembly decision to reform financial rules that previously required returning unspent funds in ways the U.N. said had risked organizational stability. The change, adopted on a four-year trial basis, introduces a methodology that returns unspent funds to member states only when backed by cash, the briefing said.
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