Current financial crisis of the United Nations : resolution / adopted by the General Assembly

  • Author: UN General Assembly (43rd sess. : 1988-1989)
  • Document source:
  • Date:
    21 December 1988

The General Assembly,

Recalling the purposes and principles of the Charter of the United Nations and, in particular, Article 17,

Recalling also its resolutions 41/213 of 19 December 1986 and 42/211 and 42/212 of 21 December 1987,

Deeply concerned about the current financial crisis, caused by the non-fulfilment by some Member States of their obligations under the Charter, which threatens the financial solvency, stability and work of the Organization,

Noting the renewed efforts by some Member States to pay their assessed contributions in full or to reduce the level of their outstanding contributions,

Reaffirming the need for a durable, reliable and lasting financial foundation for the Organization, in accordance with the Charter,

Taking note of the report of the Secretary-General on the current financial crisis of the United Nations,

Taking note also of the views expressed by Member States in the Fifth Committee on the current financial crisis of the United Nations,

1.         Reaffirms the obligation of all Member States, under the Charter of the United Nations, to finance the expenses of the Organization as apportioned by the General Assembly, and calls upon them to pay all their assessed contributions in full and in a timely manner;

2.         Urges all Member States that have not done so to fulfil their financial obligations under the Charter;

3.         Requests the Secretary-General to continue to monitor the financial situation of the United Nations and to keep the President of the General Assembly and the chairmen of the regional groups informed so as to facilitate consideration by Member States if the situation so requires;

4.         Also requests the Secretary-General to communicate to all Member States the latest information on the magnitude of the current financial crisis facing the Organization and to report thereon in a timely and comprehensive manner to the General Assembly at its forty-fourth session..

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