United Nations Secretary-General Antonio Guterres has proposed slashing the UN’s 2026 core budget by $577 million, including cutting 18% of jobs, as the global body faces one of its worst cash crises in decades. With $1.586 billion in arrears, mostly from the United States, Guterres warned that UN liquidity remains “fragile.” The proposed budget of $3.238 billion covers political, humanitarian, economic, social and communications work. Here’s a full breakdown of the numbers, reasons and global implications.

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