TODAY.AZ / Politics

Azerbaijan's share in UN budget at 0.005%

28 December 2006 [12:32] - TODAY.AZ
The General Assembly approved a resolution on dues that each of the 192 member states must pay to finance the U.N.'s US$2 billion annual budget in 2007-2009, leaving U.S. payments unchanged at 22 percent, reducing Japan's contribution while raising that of Britain, China, Russia, India and many others.

General Assembly resolution adopted by consensus late Friday followed lengthy negotiations that produced relatively few changes in the regular budget assessments, which cover day-to-day operations. Dues are determined by a complex formula that is reconsidered every three years in the U.N. budget committee.

The most significant change was Japan's reduction in dues from 19.5 percent in the previous period to 16.6 percent of the budget — a move capping a long campaign by Tokyo.

The United States still remains the largest contributor and Japan the second-largest but Europe's total share now tops Japan's, U.N. officials said.

Germany's share fell slightly from 8.7 percent in the previous period to 8.6 percent but it still remains the third largest contributor. Britain's contribution rose to 6.6 percent from 6.1 percent, putting it in fourth place, followed by France whose contribution increased from 6 percent to 6.3 percent.

The world's two fastest growing economies will pay more in dues — China's increasing from 2 percent to 2.7 percent and India's from 0.42 percent to 0.45 percent. Russia, a permanent Security Council member with a robust economy, will also increase its payments from 1.1 percent to 1.2 percent.

Azerbaijan's share is set at 0.005%, Armenia 0.002%, Ukraine 0.045%, Kazakhstan 0.029, Turkmenistan 0.006, Uzbekistan 0.003%, Georgia 0.003. Among the CIS countries Moldova, Kyrgyzstan and Tajikistan will pay the least dues-- at 0.001%. APA

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