UN Approves Sharp Cuts in 2026 Budget Amid Financial Turmoil

The United Nations has approved a 7% reduction in its budget from last year as the organization grapples with a financial crisis driven largely by the refusal of the US to pay what it owes.

The UN General Assembly on Tuesday voted to adopt an operating budget of $3.45 billion Tuesday for 2026, down from $3.72 billion this year, to fund administrative and operational activities.