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UN Secretary-General Guterres Warns of Imminent Financial Collapse

Image: from Muhammad Ali Hassan Chughtai X@aianimation1992

By Open Chronicle News Desk with Agencies

NEW YORK — United Nations Secretary-General António Guterres issued a dire warning on Friday, stating that the international organization is facing an “unprecedented and imminent financial collapse.” In a message addressed to member states, Guterres revealed that the UN’s liquidity crisis has reached a critical breaking point, potentially compromising its ability to carry out vital humanitarian and peacekeeping missions around the globe.

According to the Secretary-General, the crisis is primarily driven by a significant delay in the payment of mandatory contributions by several key member states. The shortfall has forced the UN to implement drastic cost-cutting measures, including the suspension of some recruitment processes, limitations on official travel, and the deferral of essential maintenance at its headquarters.

“We are at a stage where the organization’s very survival is being tested by a lack of financial commitment,” Guterres stated during a briefing in New York. He emphasized that the inability to meet payroll and operational costs could lead to a total paralysis of the UN’s diplomatic and developmental functions by the end of the current quarter.

The warning comes at a time of heightened global tension, with the UN heavily involved in mediating conflicts in the Middle East and Ukraine, while simultaneously addressing the growing challenges of climate change and food insecurity. Critics and analysts suggest that the financial pressure is being exacerbated by a shifting geopolitical landscape where some major powers are increasingly skeptical of multilateral institutions.

Guterres made an urgent appeal to all nations to honor their financial obligations promptly to avoid a “catastrophic failure” of the international system. While some countries have pledged to expedite their payments, the overall budget deficit remains at record levels, leaving the future of the world’s primary international body in a state of extreme uncertainty.

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