Finland Helps Improve the Financial Situation of the UN

Finland has been thanked by the UN for being one of the countries that have met all of their financial obligations to the Organization in full and on time. The UN Secretary-General’s Report of 18 October 2011 Improving the financial situation of the United Nations (1/66/521) states that the only way to ensure a more stable financial base for the work of the UN is for all Member States to meet their financial obligations.

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Finland is also one of the 18 countries which have paid their peacekeeping assessments. This includes Finland’s obligations for troop and equipment payments. Finland has supplied troops for peacekeeping missions.

Finland’s share of the assessments for the international tribunals was also paid in full. The Secretary-General paid special tribute to Finland as one of the 19 Member States which had paid in full all assessments for the regular budget, the international tribunals, the peacekeeping operations, and the capital master plan, as of 11 October 2011.

Despite the current global economic situation, the UN has improved its financial situation somewhat. This is partly because the number of countries who pay their share has increased. However, unpaid assessed contributions remain highly concentrated among a few member states. This means that the final outcome for 2011 will depend on the payments that those Member States make. Finland and the other countries who have already paid in full have set a good example, which the Report urges the other Member States to follow.

YK