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‘Largest debtor’: China calls on US to Cover its debts to the United Nations

Including arrears that extend back several decades,” that the United States is the greatest debtor, thanks 1.165 billion and 1.332 billion US dollars,” China added.

The US is the largest contributor to the UN budget, paying 22 percent of its yearly running costs, a bill that adds up to approximately $3 billion; and 25 percent of its peacekeeping operations, that amount to $6 billion annually.

Officially, Washington is intended to cover 27.89 percentage of the peacekeeping budget, however, a determination made by Congress and implemented by President Donald Trump in 2017 cut that payment into 25 percent, meaning Washington conducts a yearly shortfall of $200 million.

America also has a fiscal year that runs from October to October, which may make it look like an even larger debtor at particular times of the year.

The US mission to the UN ignored the telephone, saying China is”keen to divert attention from the cover-up and mismanagement of this COVID-19 catastrophe, and it is just one more example.”

It continued: “The United States recently made a charge of $726 million toward its peacekeeping evaluation, and the per clinic will cover the majority of its evaluation after the calendar year”

It said the entire peacekeeping arrears was $888 million, including: “Roughly two-thirds of the amount is caused by payment at the rate of 25 percent from 2017 throughout the current.”

In a report on May 11, Secretary-General Antonio Guterres warned that”there might be major delays towards the center of this calendar year unless the money position across assignments enhances significantly.”

On Thursday, approximately 50 of those 193 member nations, such as China, paid their contributions in total, which Beijing — the 2nd biggest contributor, far from the United States — mentioned in its announcement.

China pays approximately 12% of the UN’s running costs and approximately 15% of the peacekeeping budget.