UN approves $5.53 billion budget for 2014-2015



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UNITED NATIONS (AP) - The General Assembly has approved a budget of $5.53 billion to cover the United Nations' regular operations in 2014-2015, cutting it for a second successive time.

But U.N. members again delayed action on a key proposal that would allow greater mobility of U.N. staff.

After lengthy negotiations, the assembly finally voted Friday afternoon to cut the budget by 1 percent from the final spending level in 2012-2013. It also approved a 2 percent staffing cut, or some 221 posts, and a one year freeze in staff compensation.

The regular operating budget doesn't include the U.N.'s far-flung peacekeeping operations which are funded by a separate budget, currently more than $7 billion annually.

The United States, which pays 22 percent of the regular budget, welcomed the reduction in costs and staffing.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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